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The Broadcom Trade Is A Bet On The Market You Already Own, Amplified
Its five-year record is its own story, but its correlation says much of what you would be buying is the same market you already hold, dialed up.
Broadcom (AVGO) just did the one thing that pulls sideline money in: it rose about 3% over the past five trading days while the S&P 500 slipped 0.6%. Standing out while the broad market drifts lower is exactly the kind of relative strength that makes you want to chase it. Before you do, the question that decides what this stock does to your wealth is not where it heads over the next few days but how much of Broadcom’s return is its own story versus the same market you already own through an index fund.
How Much Of Broadcom Is Just The Market You Already Own?
Over the past five years Broadcom has moved with the S&P 500 at a correlation of 0.64, where 1.0 would be perfect lockstep and 0 would mean its moves were unrelated. At that level much of its direction is shared with the index you probably already hold, so it leans you further into the same exposure rather than offsetting it. The contrast with real diversifiers is stark: gold carries a correlation to Broadcom of just 0.11, and real estate 0.26. Those genuinely sit apart from your stocks, while Broadcom, for all its firepower, is closer to a high-octane version of the index itself. What earns its place is not independence but the return, roughly 55% a year over that stretch against 12.8% for the S&P 500, with a S

The shares were up 0.5% to $207.86 in premarket trading, after falling 0.9% in the previous session. Nvidia has missed out on the chip rally this year, up just 11% compared with the (SOX) 67% rise — the index that tracks the 30 biggest U.S.-listed companies connected to semi’s. That’s started to change recently, though—the stock is up 3% in July, while the SOX is down 17%. OpenAI and Nvidia did not immediately respond to a request for comment.

Sometimes three’s a crowd. But when it comes to the memory boom there’s room, and plenty of demand, for more chip makers.
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Stocks that outperform the market usually share key traits such as rising sales, expanding margins, and increasing returns on capital. The select few that can do all three for many years are often the ones that make you life-changing money.
It's clear there's a strong connection between sustained earnings growth and hall-of-fame returns. Keeping that in mind, here are three market-beating stocks that could turbocharge your returns.
Micron (MU)
Five-Year Return: +1,127%
Founded in the basement of a Boise, Idaho dental office in 1978, Micron (NASDAQ:MU) is a leading provider of memory chips used in thousands of devices across mobile, data centers, industrial, consumer, and automotive markets.
What Makes MU Stand Out?
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Market share has increased this cycle as its 106% annual revenue growth over the last two years was exceptional
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Performance over the past five years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 57.1% outpaced its revenue gains
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Free cash flow margin increased by 14.1 percentage points over the last five years, giving the company more capital to invest or return to shareholders
At $910.80 per share, Micron trades at 6.4x forward P/E. Is now a good time to buy? Find out in our full research report, it's free.
Quanta (PWR)
Five-Year Return: +613%
A construction engineering services company, Quanta (NYSE:PWR) provides infrastructure solutions to a variety of sectors, including energy and communications.
Why Will

Update: US Equity Futures Rise Pre-Bell as Oil Prices Drop Amid Pause in Middle East Hostilities
US equity futures rose pre-bell Monday as oil prices declined amid a pause in hostilities between the US and Iran over the weekend.
Dow Jones Industrial Average futures were 1.1% higher, S&P 500 futures were up 0.8%, and Nasdaq futures were 1.3% higher.
The US did not strike any Iranian targets on Saturday or Sunday after 13 consecutive nights of attacks. The US ambassador to the United Nations, Mike Waltz, told Fox News that President Donald Trump has halted the attacks for the meantime to allow more time for diplomacy. Iran said it will suspend its own attacks as long as the US does the same, Reuters reported Sunday, citing a senior Iranian official.
Traders anticipate another round of earnings this week, kicked off by AstraZeneca (AZN), which posted higher Q2 core earnings and revenue.
Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), Amazon.com (AMZN), Lam Research (LRCX), and Arm (ARM) are set to release their financial results this week. Anticipated earnings also include Seagate Technology (STX), Qualcomm (QCOM), Procter & Gamble (PG), Visa (V), and Mastercard (MA).
Traders also look forward to the Federal Reserve's policy session and rate statement, slated for Wednesday.
Oil prices were lower, with front-month global benchmark North Sea Brent crude down 5.2% at $86.94 per barrel and US West Texas Intermediate crude 6% lower at $83.97 per barrel.
Durable goods new order

US Equity Futures Rise Pre-Bell as Oil Prices Drop Amid Pause in Middle East Hostilities
US equity futures rose pre-bell Monday as oil prices declined amid a pause in hostilities between the US and Iran over the weekend.
Dow Jones Industrial Average futures were 1.1% higher, S&P 500 futures were up 0.9%, and Nasdaq futures were 1.4% higher.
The US did not strike any Iranian targets on Saturday or Sunday after 13 consecutive nights of attacks. The US ambassador to the United Nations, Mike Waltz, told Fox News that President Donald Trump has halted the attacks for the meantime to allow more time for diplomacy. Iran said it will suspend its own attacks as long as the US does the same, Reuters reported Sunday, citing a senior Iranian official.
Traders anticipate another round of earnings this week, kicked off by AstraZeneca (AZN), which posted higher Q2 core earnings and revenue.
Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), Amazon.com (AMZN), Lam Research (LRCX), and Arm (ARM) are set to release their financial results this week. Anticipated earnings also include Seagate Technology (STX), Qualcomm (QCOM), Procter & Gamble (PG), Visa (V), and Mastercard (MA).
Traders also look forward to the Federal Reserve's policy session and rate statement, slated for Wednesday.
Oil prices were lower, with front-month global benchmark North Sea Brent crude down 6.5% at $85.74 per barrel and US West Texas Intermediate crude 6.8% lower at $83.23 per barrel.
The June durable goods orders

KLA KLAC is set to report its fourth-quarter fiscal 2026 results on July 28.
For the to-be-reported quarter, KLAC expects revenues of $3.575 billion, plus/minus $200 million. The Zacks Consensus Estimate for revenues is pegged at $3.61 billion, indicating an increase of 13.71% from the year-ago quarter's reported figure.
The consensus mark for earnings is pegged at $1 per share, unchanged over the past 30 days, indicating year-over-year growth of 6.38%.
Consensus Estimate Trend
Image Source: Zacks Investment Research
KLAC's earnings have surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 3.99%.
Let us see how things have shaped up for the upcoming announcement.
Key Factors to Note Ahead of KLAC's Q4 Results
KLA's fourth-quarter fiscal 2026 performance is likely to have benefited from continued strength in leading-edge foundry and logic spending, driven by AI infrastructure deployments. The company indicated that customer investments remained robust across advanced logic nodes, where rising design complexity, larger die sizes and higher-value wafers require greater process control intensity. KLAC also expected foundry/logic to account for roughly 82% of semiconductor process control systems revenues in the June quarter.
The to-be-reported quarter is likely to have benefited from accelerating demand for advanced packaging inspection and metrology tools. Strong demand for hybrid bonding technologies used in AI processors and high

Applied Materials, Inc. AMAT and Qnity Electronics Q are two prominent players in the semiconductor supply chain, both involved in advanced packaging and stand out as major beneficiaries of the AI-driven semiconductor upcycle. Applied Materials sits at the heart of chip manufacturing, supplying critical equipment used by foundries to produce advanced semiconductors, and Qnity Electronics serves the fast-growing semiconductor market with a broad portfolio of advanced materials, CMP consumables, advanced packaging, interconnect chemistry and thermal management.
Given the major tailwind, let's analyze their business models, risk profiles and long-term outlooks and examine which one looks like the better investment right now.
The Case for Applied Materials Stock
Applied Materials is its unmatched breadth across semiconductor wafer fabrication equipment manufacturing. Applied Materials offers solutions across deposition, materials engineering, etch, metrology, inspection, packaging and process integration, allowing customers to optimize manufacturing flows using a single vendor across multiple stages of production.
Management believes that leading-edge foundry-logic, DRAM and advanced packaging will account for more than 80% of the year-over-year growth in wafer fabrication equipment spending during 2026. In the second quarter of fiscal 2026, Applied Global Services, which accounts for AMAT's equipment servicing business, generated $1.665 billion of revenues, up from $1.42 billion

Intel (INTC -1.70%) has been on a strong run in 2026, rising around 170% so far this year. However, it's well off its all-time highs after a sell-off that started once the calendar flipped to July. Intel is off around 30% from its all-time high, but does it deserve to be there?
Investors who bought the stock at the start of the year (or a year ago when the U.S. government first announced its investment in Intel) are still sitting on huge gains. So is now the time to buy the dip, or should investors take profits and find something else? Let's take a look.
There are signs of a turnaround starting
Intel has been a struggling business for a while. While it used to be the pinnacle of both semiconductor and manufacturing and processing chips, that's no longer the case. Intel splits its business into two primary divisions: processors and its foundry business.
The process business is highly exposed to consumer trends, but it also has a data-centric component. Overall, this business unit just did OK during its last quarter, with revenue rising 9% year over year, boosted by data center demand but held back by consumer products.
The big turnaround focus for most investors is Intel's foundry business. This segment has lost a lot of clients in recent years, with many clients attracted to Taiwan Semiconductor Manufacturing.
NASDAQ: INTC
Key Data Points
However, with a push to increase domestic chip production, Intel was the primary candidate to make it happen. Intel is still working on get

The shares were up 0.5% to $207.86 in premarket trading, after falling 0.9% in the previous session. Nvidia has missed out on the chip rally this year, up just 11% compared with the (SOX) 67% rise — the index that tracks the 30 biggest U.S.-listed companies connected to semi’s. That’s started to change recently, though—the stock is up 3% in July, while the SOX is down 17%. OpenAI and Nvidia did not immediately respond to a request for comment.

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GE Vernova Inc. (NYSE:GEV) is investing in the modernization of its Veresegyház manufacturing facility in Hungary as the site celebrates its 25th anniversary.
The company said the project will include the construction of a large on-site solar installation, upgraded lean manufacturing lines and the recruitment of more than 80 additional employees over the next several years.
The renewable energy project is being delivered in two phases.
The first stage included the installation of a 2-megawatt solar carport covering more than 500 parking spaces. The second phase, which is currently under development, features a 14.5-megawatt photovoltaic system alongside a 40-megawatt-hour battery energy storage facility.
The expansion will comprise more than 21,000 solar panels across 15 hectares, with the project expected to be connected to the electricity grid by autumn 2025.
Once completed, the solar installation is expected to generate enough renewable electricity to meet around 50% of the facility’s annual power consumption of 33 gigawatt-hours.
GE Vernova invested $24.5 million in the Veresegyház site during the previous year, with support from the Hungarian Investment Promotion Agency (HIPA).
The funding has been used to install new lean production lines, advanced precision manufacturing equipment and five new coating booths fitted with vacuum furnace technology.
The facility serves as GE Vernova’s largest Gas Power manufacturing operation outside the United States and s

Shares of GE Vernova (GEV -2.73%) fell roughly 6% on Wednesday after the company released its second-quarter earnings. While earnings per share missed Wall Street's expectations and the wind segment dragged down performance, investors are overlooking results that contained significant positive news.
NYSE: GEV
Key Data Points
Revenue grew 22% while orders skyrocketed 88% to $24.2 billion. As a result, GE Vernova's backlog reached a record $176 billion. Free cash flow also increased to $5.1 billion. The company's management raised its full-year guidance on both revenue and free cash flow.
The wind segment's revenue decreased 10%, with orders falling another 40%. Wind is expected to lose GE Vernova about $400 million this year. Weak demand, rising expenses, and tariffs are the main culprits.
While the wind story isn't good, it's an increasingly irrelevant piece of a much brighter narrative for GE Vernova. The company's power and electrification divisions are rapidly expanding and are the main drivers of revenue and future growth. Investors selling GE Vernova because of a struggling wind segment are missing a bigger opportunity. Growth in AI-related infrastructure needs will continue for several more years, and GE Vernova is well-positioned to capture much of it.
If anything, this slight price dip is an opportunity for investors to buy the stock for the long term. GE Vernova is currently trading well off its 52-week high of $1,195 at about $985 as of July 22. The stock is still u

The upcoming report from Boston Scientific (BSX) is expected to reveal quarterly earnings of $0.83 per share, indicating an increase of 10.7% compared to the year-ago period. Analysts forecast revenues of $5.39 billion, representing an increase of 6.5% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
With that in mind, let's delve into the average projections of some Boston Scientific metrics that are commonly tracked and projected by analysts on Wall Street.
According to the collective judgment of analysts, 'Net Sales- MedSurg- Worldwide' should come in at $1.80 billion. The estimate indicates a change of +4.8% from the prior-year quarter.
The combined assessmen

6 Medical-Device Stocks to Buy After a Massive Selloff 6 Medical-Device Stocks to Buy After a Massive Selloff · Barrons.com · Intuitive Surgical Bill Alpert Fri, July 24, 2026 at 3:25 PM GMT+3 5 min read DHR ISRG BSX MDT ABT Device makers with cash flow yields of 5% to 6% now trade at a 20% to 30% discount to the S&P 500 index. Continue Reading Terms and Privacy Policy EU DSA contact Privacy & Cookie Settings More Info

NRG Energy, Inc. NRG, through systematic capital allocation, utilizes its cash to grow and create shareholder value through reinvestment, debt repayment, acquisitions, dividends and share buybacks. The company is making strategic capital investments across its business segments, generating attractive returns and enhancing shareholder value.
In 2026, NRG Energy plans to return $1.4 billion to shareholders through $1 billion of share repurchases and nearly $407 million in dividends. Rising electricity demand from AI data centers, manufacturing and electrification is strengthening NRG Energy's long-term growth prospects. Growing investments in AI infrastructure are driving demand for reliable power, creating additional opportunities for the company's generation business.
The company plans to invest approximately $310 million in growth initiatives during 2026. NRG is advancing 1.5 gigawatts of Texas Energy Fund projects, integrating the LS Power acquisition, expanding opportunities in data centers and providing flexible demand solutions. These investments are expected to drive long-term earnings growth while supporting disciplined capital allocation.
Capital Allocation Strengthens Shareholder Returns
Capital allocation strengthens shareholder returns by balancing growth investments with disciplined cash deployment. Utilities invest in grid modernization while returning excess cash through dividends and share repurchases. This balanced capital allocation supports earnings growth,

Investing.com -- Global data center capacity is set to expand far faster than previously expected over the rest of the decade, driven by surging AI infrastructure demand, but supply is still likely to remain tight as hyperscalers and emerging cloud providers race to secure computing power.
Goldman Sachs raised its forecast for worldwide data center capacity to 217 gigawatts (GW) by 2030, up from a prior estimate of 168 GW and more than double the 101 GW of capacity expected in 2025. The additional 116 GW of capacity would require roughly $6 trillion in capital spending, a level the bank believes can be supported by current hyperscaler investment plans.
The bank favors utilities including FirstEnergy, Xcel Energy, Duke Energy and Sempra, as well as independent power producers Talen Energy, Vistra and NRG Energy, which it expects to benefit from rising power prices and growing data center-related power contracts. Among data center operators, Goldman maintained a Buy rating on Digital Realty, saying persistent supply-demand tightness and AI infrastructure spending should support long-term growth
Goldman Sachs highlighted several power and infrastructure companies as key beneficiaries of the accelerating AI-driven data center buildout, citing their exposure to regions expected to see the strongest growth in electricity demand.
The firm cited stronger-than-expected project activity tracked by 451 Research, with global capacity forecasts for 2026-2030 revised higher over recent qua

Despite a challenging macroeconomic backdrop, airline stocks have performed well over the past year. This is especially true for Delta Air Lines (DAL +2.05%). Shares in the legacy carrier have soared by nearly 50% in the past 12 months, trouncing the performance of even the S&P 500, which has delivered total returns of around 18% during the same time.
The key takeaway with Delta's outperformance is not that the stock has thrived despite operational headwinds. Make no mistake: Delta hasn't made moonshot moves due to "meme mania." Instead, improved results have driven this stock's strong performance.
Moreover, even after Delta's wave of outperformance, shares could reach even higher altitudes in the months ahead. Here's why.
Delta and its wave of market outperformance
Much of Delta's strong run occurred after this year's energy supply shock, not before it. Back in March, when the geopolitical tensions in the Middle East caused crude oil prices to spike above $100 per barrel, Delta and other airline stocks briefly pulled back. Yet during the spring and summer, Delta shares surged even higher. Admittedly, an easing in energy prices after the initial shock likely contributed most greatly to this resurgence.
NYSE: DAL
Key Data Points
Yet while Delta has pulled back since its latest quarterly earnings release, Q2 2026 results contained quite a few green shoots for the remainder of the full year. For one, during the preceding quarter, Delta largely absorbed the impact of higher jet f

Tech stocks rose on Monday morning amid tentative optimism ahead of a flood of Big Tech earnings this week.
Results from Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN) highlight the calendar, while reports from key chipmakers like SK Hynix (SKHY) and Qualcomm (QCOM) also factor in.
All eyes will be on capital expenditures numbers after Alphabet's (GOOG, GOOGL) capex guidance spooked investors who are growing concerned about free cash flow amid the AI spending boom.
Meanwhile, Nvidia (NVDA) is reportedly in talks with OpenAI (OPAI.PVT) to provide $250 billion in financing for a data center project in Ohio, once again raising questions about circular financing in the AI industry.

NRG Energy, Inc. NRG, through systematic capital allocation, utilizes its cash to grow and create shareholder value through reinvestment, debt repayment, acquisitions, dividends and share buybacks. The company is making strategic capital investments across its business segments, generating attractive returns and enhancing shareholder value.
In 2026, NRG Energy plans to return $1.4 billion to shareholders through $1 billion of share repurchases and nearly $407 million in dividends. Rising electricity demand from AI data centers, manufacturing and electrification is strengthening NRG Energy's long-term growth prospects. Growing investments in AI infrastructure are driving demand for reliable power, creating additional opportunities for the company's generation business.
The company plans to invest approximately $310 million in growth initiatives during 2026. NRG is advancing 1.5 gigawatts of Texas Energy Fund projects, integrating the LS Power acquisition, expanding opportunities in data centers and providing flexible demand solutions. These investments are expected to drive long-term earnings growth while supporting disciplined capital allocation.
Capital Allocation Strengthens Shareholder Returns
Capital allocation strengthens shareholder returns by balancing growth investments with disciplined cash deployment. Utilities invest in grid modernization while returning excess cash through dividends and share repurchases. This balanced capital allocation supports earnings growth,

Investing.com -- Global data center capacity is set to expand far faster than previously expected over the rest of the decade, driven by surging AI infrastructure demand, but supply is still likely to remain tight as hyperscalers and emerging cloud providers race to secure computing power.
Goldman Sachs raised its forecast for worldwide data center capacity to 217 gigawatts (GW) by 2030, up from a prior estimate of 168 GW and more than double the 101 GW of capacity expected in 2025. The additional 116 GW of capacity would require roughly $6 trillion in capital spending, a level the bank believes can be supported by current hyperscaler investment plans.
The bank favors utilities including FirstEnergy, Xcel Energy, Duke Energy and Sempra, as well as independent power producers Talen Energy, Vistra and NRG Energy, which it expects to benefit from rising power prices and growing data center-related power contracts. Among data center operators, Goldman maintained a Buy rating on Digital Realty, saying persistent supply-demand tightness and AI infrastructure spending should support long-term growth
Goldman Sachs highlighted several power and infrastructure companies as key beneficiaries of the accelerating AI-driven data center buildout, citing their exposure to regions expected to see the strongest growth in electricity demand.
The firm cited stronger-than-expected project activity tracked by 451 Research, with global capacity forecasts for 2026-2030 revised higher over recent qua

Jensen Investment Management, an asset management company based in the US, released its second-quarter 2026 investor letter for the "Jensen Quality Growth Equity Strategy". A copy of the letter is available to download here. The fund seeks long-term growth by investing in high-quality companies with durable competitive advantages. It returned 10.94% net of fees in Q2 2026, trailing the 15.20% return for the S&P 500 Index. US equities posted their strongest quarter in nearly six years as easing Iran-related tensions, improving financial conditions, resilient consumer spending, and continued AI infrastructure investment lifted markets. AI and memory-related semiconductor stocks led the rally, while lower-quality and momentum stocks outperformed the quality factors central to Jensen's strategy. Quarterly performance benefited from favorable stock selection in Communication Services and no exposure to Energy and Utilities, while selection in Industrials and Information Technology hurt relative returns. The Portfolio remains balanced across quality compounders, AI beneficiaries, and defensive businesses. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Jensen Quality Growth Equity Strategy highlighted Amphenol Corporation (NYSE:APH). Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors. On July 24, 2026, Amphenol Corporation (NYSE:APH)

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Anticipation around Amphenol (APH) is building, as analysts widely expect the upcoming quarterly report to show strong year over year growth in both earnings and revenue, supported by upbeat revisions and increasing institutional interest.
See our latest analysis for Amphenol.
Those earnings expectations come after a strong run in Amphenol, with the share price showing a 12.68% year to date share price return and a very large 5 year total shareholder return of 357.76%. This suggests momentum has been building as investors reassess growth prospects and risks.
If you are looking beyond Amphenol for other ways to position around connected hardware and infrastructure, this could be a good moment to check out 35 power grid technology and infrastructure stocks
The question now is whether Amphenol's latest move mainly mirrors solid business delivery and upbeat forecasts, or whether sentiment and a rich set of expectations have simply pushed the stock closer to its intrinsic value.
Most Popular Narrative: 14.8% Undervalued
Against the last close of $157.43, the most widely followed Amphenol narrative sets fair value at $184.78 and frames recent gains within a richer growth story.
Accelerating global deployment of AI-driven data centers and adoption of next-generation IT architecture is driving strong, sustained demand for Amphenol's high-speed, high-value interconnect solutions

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory, and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Corning Incorporated (NYSE:GLW). Corning Incorporated (NYSE:GLW) operates in optical communications, display, specialty materials, automotive, and life sciences businesse

Glass and electronic component manufacturer Corning (NYSE:GLW) will be reporting results this Tuesday morning. Here's what to expect.
Corning beat analysts' revenue expectations last quarter, reporting revenues of $4.35 billion, up 18.1% year on year. It was a mixed quarter for the company, with EPS in line with analysts' estimates but revenue guidance for next quarter missing analysts' expectations.
Is Corning a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members.
This quarter, the market is expecting Corning's revenue to grow 14.9% year on year, improving from the 12.2% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Corning has a history of exceeding Wall Street's expectations.
Looking at Corning's peers in the electrical equipment segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Allegion delivered year-on-year revenue growth of 12.7%, beating analysts' expectations by 3.1%, and Teledyne reported revenues up 9.8%, topping estimates by 5.3%. Allegion traded up 9.6% following the results while Teledyne's stock price was unchanged.
Read our full analysis of Allegion's results here and Teledyne's results here.
In the last year or so, investors have shifted their focus from one macro dynamic to the next (AI

Excitement is building around Super Micro Computer (SMCI -0.88%) as the company recently announced preliminary numbers showing that its margins will be far better than expected for the current quarter. Its latest earnings numbers are set to come out on Aug. 11, and if margins are stronger and the business is still experiencing considerable growth due to artificial intelligence, then odds are, it'll be a fantastic quarter for the company.
Does this mean it's a good time to buy shares of Super Micro?
Low margins have been a big problem for Super Micro
Investors should always pay attention to gross profit margins because they can make or break a company's hopes of profitability. Low margins mean the company's cost of goods sold is high relative to revenue, suggesting it may not be charging enough for its products and services. While low margins can still lead to profitability, the company needs to have high sales volumes and lean operations.
In recent years, Super Micro's gross margins have actually been worsening, which is an even more troubling sign for investors. Even though it has been generating more revenue, with lower margins, its bottom line hasn't shown nearly as much improvement.
Last week, Super Micro released preliminary numbers for the fourth quarter (which ended on June 30), and its margins are going to be within a range of 15% to 17%, which is far higher than its guidance of around 8% and where its margins were last quarter (around 10%). It credits the improvement

FEATURE Stock futures were rallying Monday after a lull in fighting in the Middle East over the weekend sparked a drop in oil prices and eased fears about higher inflation. Investor focus this week will be on interest rates as the Federal Reserve meets Wednesday, and on earnings from Big Tech.

Purchase Expands Enterprise Adoption of Virtuix's AI-Driven Simulation Platform Beyond Consumer, Defense, and Healthcare Markets
AUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- Virtuix Holdings Inc. (NASDAQ: VTIX), a leading developer of AI-driven, full-body simulation systems, today announced that Tesla, Inc. has purchased its first Omni One Enterprise system for their Optimus humanoid robot division.
The purchase highlights Virtuix's continued expansion into enterprise and humanoid robot applications, following a series of previously announced milestones across consumer, defense, and healthcare markets, including collaborations with Meta, NASA, and all four major branches of the U.S. military.
Omni One Enterprise enables users to move naturally through immersive virtual environments while maintaining full freedom of movement within a compact footprint, making it suitable for training, simulation, and enterprise applications including the teleoperation of humanoid robots, allowing humans to remotely control robots in real time.
"We're pleased to see Omni One continuing to expand into enterprise applications," said Jan Goetgeluk, Founder and CEO of Virtuix. "As organizations increasingly adopt immersive technologies for training and simulation, we believe our platform is demonstrating its versatility well beyond its original consumer market."
Virtuix continues executing its strategy of deploying its AI-driven, full-body simulation platform across multiple high-growth vertica

Tesla (TSLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this electric car maker have returned -17.6% over the past month versus the Zacks S&P 500 composite's +0.8% change. The Zacks Automotive - Domestic industry, to which Tesla belongs, has lost 13.9% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate Revisions
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday as Oil Prices Fall
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.9%, and the actively traded Invesco QQQ Trust (QQQ) advanced 1.4% in Monday's premarket activity, as oil prices fell amid hopes of a US-Iran truce.
US stock futures were also higher, with S&P 500 Index futures up 0.9%, Dow Jones Industrial Average futures advancing 1.2%, and Nasdaq futures gaining 1.4% before the start of regular trading.
New orders for US durable goods rose by 0.3% in June following a decline of 4.0% in May, compared with the expectations for a larger increase of 1.8% in a survey compiled by Bloomberg.
The Dallas Federal Reserve's manufacturing index for July will be released at 10:30 am ET.
In premarket action, bitcoin was up by 0.6%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.5% higher, Ether ETF (EETH) rose 5.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) retreated marginally by 0.01%.
Power Play:
Energy
The iShares US Energy ETF (IYE) declined by 2.1%, while the State Street Energy Select Sector SPDR ETF (XLE) fell 2.6%.
TotalEnergies (TTE) stock was down more than 3% before market open after the company said it has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case.
Winners and Losers:
Industrial
The State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.9%, the Vanguard Industri

Airline stocks were taking off again early Monday after a turbulent start to the second half of the year. United Airlines approached its rival Delta Air Lines for talks about a megamerger last year, The Wall Street Journal reported Sunday. It’s juicy corporate gossip and a fun “what if” scenario for investors but airline stocks were moving for a different reason early Monday—tumbling oil prices.

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GE Vernova Inc. (NYSE:GEV) is investing in the modernization of its Veresegyház manufacturing facility in Hungary as the site celebrates its 25th anniversary.
The company said the project will include the construction of a large on-site solar installation, upgraded lean manufacturing lines and the recruitment of more than 80 additional employees over the next several years.
The renewable energy project is being delivered in two phases.
The first stage included the installation of a 2-megawatt solar carport covering more than 500 parking spaces. The second phase, which is currently under development, features a 14.5-megawatt photovoltaic system alongside a 40-megawatt-hour battery energy storage facility.
The expansion will comprise more than 21,000 solar panels across 15 hectares, with the project expected to be connected to the electricity grid by autumn 2025.
Once completed, the solar installation is expected to generate enough renewable electricity to meet around 50% of the facility’s annual power consumption of 33 gigawatt-hours.
GE Vernova invested $24.5 million in the Veresegyház site during the previous year, with support from the Hungarian Investment Promotion Agency (HIPA).
The funding has been used to install new lean production lines, advanced precision manufacturing equipment and five new coating booths fitted with vacuum furnace technology.
The facility serves as GE Vernova’s largest Gas Power manufacturing operation outside the United States and s

Shares of GE Vernova (GEV -4.34%) fell roughly 6% on Wednesday after the company released its second-quarter earnings. While earnings per share missed Wall Street's expectations and the wind segment dragged down performance, investors are overlooking results that contained significant positive news.
NYSE: GEV
Key Data Points
Revenue grew 22% while orders skyrocketed 88% to $24.2 billion. As a result, GE Vernova's backlog reached a record $176 billion. Free cash flow also increased to $5.1 billion. The company's management raised its full-year guidance on both revenue and free cash flow.
The wind segment's revenue decreased 10%, with orders falling another 40%. Wind is expected to lose GE Vernova about $400 million this year. Weak demand, rising expenses, and tariffs are the main culprits.
While the wind story isn't good, it's an increasingly irrelevant piece of a much brighter narrative for GE Vernova. The company's power and electrification divisions are rapidly expanding and are the main drivers of revenue and future growth. Investors selling GE Vernova because of a struggling wind segment are missing a bigger opportunity. Growth in AI-related infrastructure needs will continue for several more years, and GE Vernova is well-positioned to capture much of it.
If anything, this slight price dip is an opportunity for investors to buy the stock for the long term. GE Vernova is currently trading well off its 52-week high of $1,195 at about $985 as of July 22. The stock is still u

Jensen Investment Management, an asset management company based in the US, released its second-quarter 2026 investor letter for the "Jensen Quality Growth Equity Strategy". A copy of the letter is available to download here. The fund seeks long-term growth by investing in high-quality companies with durable competitive advantages. It returned 10.94% net of fees in Q2 2026, trailing the 15.20% return for the S&P 500 Index. US equities posted their strongest quarter in nearly six years as easing Iran-related tensions, improving financial conditions, resilient consumer spending, and continued AI infrastructure investment lifted markets. AI and memory-related semiconductor stocks led the rally, while lower-quality and momentum stocks outperformed the quality factors central to Jensen's strategy. Quarterly performance benefited from favorable stock selection in Communication Services and no exposure to Energy and Utilities, while selection in Industrials and Information Technology hurt relative returns. The Portfolio remains balanced across quality compounders, AI beneficiaries, and defensive businesses. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Jensen Quality Growth Equity Strategy highlighted Amphenol Corporation (NYSE:APH). Amphenol Corporation (NYSE:APH) designs, manufactures, and markets electrical, electronic, and fiber optic connectors. On July 24, 2026, Amphenol Corporation (NYSE:APH)

Amphenol APH is set to report its second-quarter 2026 results on July 29.
The company expects second-quarter 2026 earnings between $1.14 per share and $1.16 per share, indicating growth between 43% and 45% year over year. The Zacks Consensus Estimate for second-quarter 2026 earnings has increased 2.6% to $1.19 per share over the past 30 days, suggesting 46.91% growth from the figure reported in the year-ago quarter.
Amphenol expects second-quarter 2026 revenues between $8.1 billion and $8.2 billion, suggesting year-over-year growth in the 41-43% range. The Zacks Consensus Estimate for second-quarter revenues is pegged at $8.30 billion, indicating an increase of 46.92% from the figure reported in the year-ago quarter.
Consensus Estimate Trend
Image Source: Zacks Investment Research
Amphenol's earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 14.08%.
Amphenol Corporation Price and EPS Surprise
Amphenol Corporation price-eps-surprise | Amphenol Corporation Quote
Let's see how things have shaped up for the upcoming announcement.
Factors to Drive Amphenol's Q2 Results
Amphenol's second-quarter 2026 results are likely to have been driven by continued strength in the IT datacom business, supported by accelerating investments in AI infrastructure. The company projected a sequential increase in IT datacom sales in the low-teens percentage range as hyperscale and enterprise customers continued expanding AI data center deployments.

Kraft Heinz (KHC +1.17%) is a top food company whose business has been struggling in recent years. Its returns have been atrocious as its valuation has plummeted 35% in five years. But amid the decline, its yield has shot up to around 6.3%, potentially still making it an attractive option for dividend investors.
It's also been more stable of late, rising by 6% since the beginning of the year. And the business has abandoned controversial plans to break up under its new CEO. With earnings on deck next week, on Aug. 5, is now a good time to buy this troubled food stock, while its valuation remains low?
Are Kraft's problems as fixable as the CEO claims?
Steve Cahillane took over as Kraft CEO earlier this year and abandoned the company's plans to break up its business, instead opting to invest $600 million in a turnaround effort that involves focusing on marketing, sales, and research and development. Cahillane believes that the main issues plaguing the company are "fixable and within our control."
Throwing money at a problem, however, is by no means enough to fix a troubled business. Kraft's brand has been associated with unhealthy products, such as Mac and Cheese, which, while convenient, is high in sodium and highly processed. As consumers have been eating healthier in recent years and GLP-1 weight-loss pills are also curbing appetite, Kraft has faced considerable challenges. And that's evident in its incredibly poor growth rate.
Kraft's stock may look cheap, but that doesn't m

Shares of American Express (AXP +1.77%) plummeted more than 6% in last Friday's morning trading. What's going on? Well, the iconic charge card company issued its second-quarter results, and while revenue and earnings growth were strong, rising expenses worried investors.
Amex reported revenue net of interest expense of $19.6 billion, 10% higher than the same period a year ago. That was driven by higher card member marketing expenses -- up about 9% -- during the quarter. Earnings per share rose 11%, to $4.53, about $0.12 higher than analysts expected.
NYSE: AXP
Key Data Points
But there was one thing the market really didn't like. The company said expenses grew 12% year over year in the quarter to $14.5 billion, from $12.9 billion a year ago. That higher level will continue through the end of 2026, CFO Christophe Le Caillec said on a call with analysts.
He expects marketing expenses to be 10% higher in the second half of the year. The company has been increasing its marketing spending on several card products to attract and retain members.
Amex has had success with younger consumers, including millennials and Gen Z, who are its fastest-growing group. That's a real positive. Yet, the higher marketing expenses -- both in the second quarter and for the remainder of the year -- could indicate that those new memberships are increasingly expensive for the company to obtain.

What Cisco’s Big Run Actually Adds To Your Portfolio
Cisco has outrun the market for years, yet what decides its place in your portfolio is how much of that return is genuinely its own.
Cisco has been one of the few big names still climbing while the broader market stalls, up about 2% over the past five trading days as the S&P 500 slipped 0.6% and up 70% over the trailing twelve months. The instinct in a soft tape is to chase strength, but one good week tells you nothing about what a stock does inside a portfolio. The question that decides your wealth is not where the shares go next week but how much of Cisco’s return is its own story rather than the market you already own and how to hold it.
How Much Of Cisco’s Run Belongs To The Market You Already Own?
Correlation answers that. Over the past five years Cisco has tracked the S&P 500 at a correlation of 0.57, on a scale where 1.0 is perfect lockstep and 0 means the two move independently. At that level it shares about half the market’s direction and keeps the rest. The index fund most people already own is the market, so a holding that merely mirrors it, the way a broad technology fund would, only stacks the same exposure. Cisco has gone its own way profitably, compounding at 19.6% a year against 12.8% for the S&P 500. Gold, by contrast, returned 17.0% a year at almost no correlation to the stock, 0.07; that is the purer diversifier, but it did not out-compound Cisco. Strong returns that are only partly the market’s are the r

Joins Industry Coalition to Launch Open Source AI Cybersecurity Alliance
Nvidia (NVDA) is leading an initiative among a number of companies advocating for open-source AI tools to maintain cybersecurity, the company said Monday.
The alliance said it plans to develop and share open AI security technologies and best practices to help organisations deploy and operate AI systems securely.
Founding members include Cisco Systems (CSCO), Palo Alto Networks (PANW), Elastic (ESTC), Red Hat, Snyk and other technology companies.
Nvidia said the initiative is intended to give cyber defenders access to transparent AI systems that can be adapted and deployed on their own infrastructure.
The report cited a recent cybersecurity incident in which a closed AI system blocked crucial forensic examination to see whether it had been breached. "That incident showed a practical truth: when defenders cannot inspect, adapt and run advanced AI on their own infrastructure, their ability to respond is constrained at exactly the moment speed matters most," the statement said.

Cruise vacation company Royal Caribbean (NYSE:RCL) will be announcing earnings results this Tuesday before market hours. Here's what investors should know.
Royal Caribbean met analysts' revenue expectations last quarter, reporting revenues of $4.45 billion, up 11.3% year on year. It was a mixed quarter for the company, with a beat of analysts' EPS estimates. It reported 14.87 million passenger cruise days, up 8% year on year.
Is Royal Caribbean a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members.
This quarter, the market is expecting Royal Caribbean's revenue to grow 6% year on year, slowing from the 10.4% increase it recorded in the same quarter last year.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings.
Looking at Royal Caribbean's peers in the consumer discretionary - travel and vacation providers segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Delta delivered year-on-year revenue growth of 18.7%, beating analysts' expectations by 3.9%, and Travel + Leisure reported revenues up 4.4%, topping estimates by 1.6%. Delta traded down 3.2% following the results while Travel + Leisure's stock price was unchanged.
Read our full analysis of Delta's results here and Travel + Leisure's results here.
In the last twelve months or so, the market has shifted its atte

Expectations are low for Royal Caribbean (RCL +0.74%) heading into a critical financial update this week. The country's largest cruise line operator -- by market cap -- is expected to post a modest 6% increase in revenue when it reports its second-quarter results ahead of Tuesday's market open. The bottom line is expected to go the other way.
Royal Caribbean's own guidance three months ago braced investors for contracting margins. Overseas geopolitical tensions would weigh on some of its higher-yielding itineraries. Rising fuel costs are also an obvious headwind, but that's not the only expense percolating. Its guidance for the seasonally potent summertime quarter calls for a 4.9% to 5.4% increase in net cruise costs per available passenger cabin day, and that's excluding the fuel factor.
The bottom line could be problematic. Royal Caribbean's guidance in late April called for adjusted earnings per share of $3.83 to $3.93 for the quarter it's reporting this week. Analyst per-share estimates are a bit more ambitious at $3.98 a share, and this follows a poorly received report from larger rival Carnival (CCL +3.19%) last month.
Carnival's fiscal year ends a month earlier than Royal Caribbean's, but the latter's second quarter still covers two of the three months that Carnival just reported. Carnival's top-line miss and weak bottom-line guidance hurt the stock. Royal Caribbean will need to buck the trend by offering a reasonable outlook. Don't be surprised if it does exactly that

A broader AI correction has gripped the stock market, resulting in high-growth companies trading at compelling valuations. Broadcom (AVGO -0.48%) was approaching $500 per share earlier in the year, but has now dropped by more than 20% from its all-time high.
The AI chipmaker didn't do anything wrong. Its fundamentals are actually improving, and long-term tailwinds continue to build. High-quality stocks can get caught in the crossfire from pessimistic investors, and that provides a great opportunity for people who buy the dip.
Custom chips are becoming more important
Nvidia was the main focus early, with its graphics processing units (GPUs) handling general training tasks quite effectively. However, Broadcom's custom chips are better for AI inference and the optimization of very specific tasks, both of which are gaining importance.
Just as Nvidia is the undisputed leader of the GPU industry, Broadcom has a comfortable lead over its competitors in the ASIC industry. ASICs are custom chips, and tech giants have been in a rush to buy them lately. For instance, Alphabet is selling some of its Tensor Processing Unit (TPU) chips to customers. Broadcom designs and supplies Alphabet's TPUs, so it will generate more revenue as Alphabet ventures into this business.
Meta Platforms is also turning to Broadcom for custom AI chips. The name of these chips -- Meta Training and Inference Accelerator (MTIA) chips -- sounds like they will be exclusively for Meta Platforms. However, Facebook's p

The Broadcom Trade Is A Bet On The Market You Already Own, Amplified
Its five-year record is its own story, but its correlation says much of what you would be buying is the same market you already hold, dialed up.
Broadcom (AVGO) just did the one thing that pulls sideline money in: it rose about 3% over the past five trading days while the S&P 500 slipped 0.6%. Standing out while the broad market drifts lower is exactly the kind of relative strength that makes you want to chase it. Before you do, the question that decides what this stock does to your wealth is not where it heads over the next few days but how much of Broadcom’s return is its own story versus the same market you already own through an index fund.
How Much Of Broadcom Is Just The Market You Already Own?
Over the past five years Broadcom has moved with the S&P 500 at a correlation of 0.64, where 1.0 would be perfect lockstep and 0 would mean its moves were unrelated. At that level much of its direction is shared with the index you probably already hold, so it leans you further into the same exposure rather than offsetting it. The contrast with real diversifiers is stark: gold carries a correlation to Broadcom of just 0.11, and real estate 0.26. Those genuinely sit apart from your stocks, while Broadcom, for all its firepower, is closer to a high-octane version of the index itself. What earns its place is not independence but the return, roughly 55% a year over that stretch against 12.8% for the S&P 500, with a S

Joins Industry Coalition to Launch Open Source AI Cybersecurity Alliance
Nvidia (NVDA) is leading an initiative among a number of companies advocating for open-source AI tools to maintain cybersecurity, the company said Monday.
The alliance said it plans to develop and share open AI security technologies and best practices to help organisations deploy and operate AI systems securely.
Founding members include Cisco Systems (CSCO), Palo Alto Networks (PANW), Elastic (ESTC), Red Hat, Snyk and other technology companies.
Nvidia said the initiative is intended to give cyber defenders access to transparent AI systems that can be adapted and deployed on their own infrastructure.
The report cited a recent cybersecurity incident in which a closed AI system blocked crucial forensic examination to see whether it had been breached. "That incident showed a practical truth: when defenders cannot inspect, adapt and run advanced AI on their own infrastructure, their ability to respond is constrained at exactly the moment speed matters most," the statement said.

New interval fund offers private markets exposure in a single professionally managed portfolio, the latest development from the ongoing strategic collaboration between T. Rowe Price and Goldman Sachs Asset Management
BALTIMORE, July 27, 2026 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement, and Goldman Sachs Asset Management (GSAM) announced today the launch of T. Rowe Price Goldman Sachs Private Markets Fund.
The new interval fund1 combines the leadership of T. Rowe Price's Multi-Asset and Equity investment teams in portfolio construction and late-stage private equity investing, respectively, with GSAM's global alternatives platform and the institutional private credit expertise of Oak Hill Advisors (OHA), the private credit platform of T. Rowe Price.
Expanding Access to Private Markets
T. Rowe Price Goldman Sachs Private Markets Fund expands access for individual investors to institutional-quality private market opportunities within a single professionally managed portfolio. As more economic value creation occurs outside public markets, private markets and alternative assets have become increasingly important parts of the investment landscape. Yet access for individual investors has typically been limited by hurdles including high investment minimums, high fees, and tax reporting complexity.
The new fund is designed to address these and other barriers through lower investment minimums, daily pricing, professional asset management,

July 14 was one of the most concentrated single-day events of Wall Street's Q2 2026 earnings season, with all five of America's largest banks reporting results on the same morning, alongside the June CPI report and Federal Reserve Chair Kevin Warsh's inaugural Congressional testimony. Combined, those five firms have more than $13 trillion in assets, and this quarter was especially significant because it was the first full reporting period to include fee income from SpaceX's record-breaking IPO.
Dissecting the Blowout Q2 Numbers
JPMorgan Chase & Co. (NYSE:JPM)'s numbers make clear this quarter went well beyond IPO fee income alone. Second-quarter net income reached $21.2 billion, or $7.70 per share, boosted by a $4.6 billion gain related to JPMorgan's Visa stake, but even after deducting that, core profit came in at $16.9 billion, or $6.14 per share, comfortably ahead of Wall Street's $5.80 projection and well above the $5.50-5.59 consensus range analysts had predicted going into the print.
On the other side, The Goldman Sachs Group, Inc. (NYSE:GS) had the most dramatic percentage beat. Goldman reported net earnings of $6.63 billion and record diluted earnings per share of $20.98, a 92% increase year-over-year that crushed consensus estimates of $14.54 per share. Total revenue increased to $20.34 billion, driven by a notable 72% year-on-year increase in equities trading revenue to $7.42 billion. The bank's equity underwriting revenues increased 130% to $985 million, demonstrat

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.
Top 5 Upgrades:
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Piper Sandler upgraded Rivian (RIVN) to Overweight from Neutral with a price target of $20, up from $18. The firm says AI-enabled business models in the auto space are disrupting established industries, and notes Rivian offers a "de-risked" balance sheet, a "smooth" R2 ramp, and an improved demand outlook. Piper Sandler also upgraded Mobileye (MBLY) to Overweight from Neutral with a price target of $12, up from $10.
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Phillip Securities upgraded Alphabet (GOOGL) to Buy from Accumulate with a price target of $425, down from $450. The company reported "robust" revenue growth across its core business segments, the firm tells investors in a research note.
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Jefferies upgraded General Motors (GM) to Buy from Hold with a price target of $99, up from $90. The firm's "main takeaway" from Q2 earnings was confidence that 2027 will "further strengthen GM's position within the US profit oligopoly," says the firm, which raised its above consensus estimates by about 6% for 2026-28 and sees 2027 earnings approaching $16 per share. Jefferies also upgraded Ford (F) to Buy from Hold with a price target of $17.50, up from $14.50.
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Wells Fargo upgraded Sirius XM (SIRI) to Equal Weight from Underweight with a price target of $30, up from $18. The firm upgraded the shares after revaluing the company's

Caterpillar (CAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this construction equipment company have returned -10.9%, compared to the Zacks S&P 500 composite's +0.8% change. During this period, the Zacks Manufacturing - Construction and Mining industry, which Caterpillar falls in, has lost 10.4%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong corre

What Cisco’s Big Run Actually Adds To Your Portfolio
Cisco has outrun the market for years, yet what decides its place in your portfolio is how much of that return is genuinely its own.
Cisco has been one of the few big names still climbing while the broader market stalls, up about 2% over the past five trading days as the S&P 500 slipped 0.6% and up 70% over the trailing twelve months. The instinct in a soft tape is to chase strength, but one good week tells you nothing about what a stock does inside a portfolio. The question that decides your wealth is not where the shares go next week but how much of Cisco’s return is its own story rather than the market you already own and how to hold it.
How Much Of Cisco’s Run Belongs To The Market You Already Own?
Correlation answers that. Over the past five years Cisco has tracked the S&P 500 at a correlation of 0.57, on a scale where 1.0 is perfect lockstep and 0 means the two move independently. At that level it shares about half the market’s direction and keeps the rest. The index fund most people already own is the market, so a holding that merely mirrors it, the way a broad technology fund would, only stacks the same exposure. Cisco has gone its own way profitably, compounding at 19.6% a year against 12.8% for the S&P 500. Gold, by contrast, returned 17.0% a year at almost no correlation to the stock, 0.07; that is the purer diversifier, but it did not out-compound Cisco. Strong returns that are only partly the market’s are the r

Arista Networks (ANET) ended the recent trading session at $173.99, demonstrating a -1.48% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.05%. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq lost 0.64%.
Shares of the cloud networking company witnessed a gain of 6.75% over the previous month, beating the performance of the Computer and Technology sector with its loss of 3.62%, and the S&P 500's gain of 0.61%.
The investment community will be closely monitoring the performance of Arista Networks in its forthcoming earnings report. The company is scheduled to release its earnings on August 4, 2026. The company is forecasted to report an EPS of $0.89, showcasing a 21.92% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.83 billion, up 28.5% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.64 per share and revenue of $11.59 billion. These totals would mark changes of +22.15% and +28.71%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Arista Networks. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations

What Cisco’s Big Run Actually Adds To Your Portfolio
Cisco has outrun the market for years, yet what decides its place in your portfolio is how much of that return is genuinely its own.
Cisco has been one of the few big names still climbing while the broader market stalls, up about 2% over the past five trading days as the S&P 500 slipped 0.6% and up 70% over the trailing twelve months. The instinct in a soft tape is to chase strength, but one good week tells you nothing about what a stock does inside a portfolio. The question that decides your wealth is not where the shares go next week but how much of Cisco’s return is its own story rather than the market you already own and how to hold it.
How Much Of Cisco’s Run Belongs To The Market You Already Own?
Correlation answers that. Over the past five years Cisco has tracked the S&P 500 at a correlation of 0.57, on a scale where 1.0 is perfect lockstep and 0 means the two move independently. At that level it shares about half the market’s direction and keeps the rest. The index fund most people already own is the market, so a holding that merely mirrors it, the way a broad technology fund would, only stacks the same exposure. Cisco has gone its own way profitably, compounding at 19.6% a year against 12.8% for the S&P 500. Gold, by contrast, returned 17.0% a year at almost no correlation to the stock, 0.07; that is the purer diversifier, but it did not out-compound Cisco. Strong returns that are only partly the market’s are the r

Carillon Tower Advisers, an investment management company, released its second-quarter 2026 investor letter for the "Carillon Eagle Growth & Income Fund". A copy of the letter is available to download here. The second quarter of 2026 was driven by a sharp rally in AI-related stocks, although gains were concentrated in highly cyclical semiconductor, memory, and optical companies. The S&P 500 gained 15.2%, while the semiconductor index surged 87.8%. Unlike earlier AI rallies led by megacaps and strong earnings growth, some smaller technology stocks rose 200% to 300%, making the advance more fragile. Software and services stocks declined as investors questioned the impact of AI disruption. Oil prices also rose during the Iran conflict before retreating, briefly increasing inflation and interest-rate concerns. Despite the volatility, economic data and corporate earnings remained strong. S&P 500 earnings are projected to rise 25% in 2026 and 15% in 2027, with the market trading near 20x earnings. The Fund continues to focus on financially strong companies with durable earnings growth that can perform across different economic conditions. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Carillon Eagle Growth & Income Fund highlighted Hewlett Packard Enterprise Company (NYSE:HPE). Hewlett Packard Enterprise Company (NYSE:HPE) is a US-based information technology company that develops intelligent soluti

The Broadcom Trade Is A Bet On The Market You Already Own, Amplified
Its five-year record is its own story, but its correlation says much of what you would be buying is the same market you already hold, dialed up.
Broadcom (AVGO) just did the one thing that pulls sideline money in: it rose about 3% over the past five trading days while the S&P 500 slipped 0.6%. Standing out while the broad market drifts lower is exactly the kind of relative strength that makes you want to chase it. Before you do, the question that decides what this stock does to your wealth is not where it heads over the next few days but how much of Broadcom’s return is its own story versus the same market you already own through an index fund.
How Much Of Broadcom Is Just The Market You Already Own?
Over the past five years Broadcom has moved with the S&P 500 at a correlation of 0.64, where 1.0 would be perfect lockstep and 0 would mean its moves were unrelated. At that level much of its direction is shared with the index you probably already hold, so it leans you further into the same exposure rather than offsetting it. The contrast with real diversifiers is stark: gold carries a correlation to Broadcom of just 0.11, and real estate 0.26. Those genuinely sit apart from your stocks, while Broadcom, for all its firepower, is closer to a high-octane version of the index itself. What earns its place is not independence but the return, roughly 55% a year over that stretch against 12.8% for the S&P 500, with a S

Have you evaluated the performance of Texas Instruments' (TXN) international operations during the quarter that concluded in June 2026? Considering the extensive worldwide presence of this chipmaker, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.
The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for investors to comprehend how much a company relies on these foreign markets, as this understanding reveals the firm's potential for consistent earnings, its capacity to harness different economic cycles, and its overall growth prospects.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
While analyzing TXN's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.
The recent quarter saw the company's total revenue reaching $5.46 billion, marking an improvement of 22.8% from the prior-year quarter. Next, we'll examine the breakdown of TXN's revenue from abroad to comprehend the significance of its international presence.
A Closer Look a

New interval fund offers private markets exposure in a single professionally managed portfolio, the latest development from the ongoing strategic collaboration between T. Rowe Price and Goldman Sachs Asset Management
BALTIMORE, July 27, 2026 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement, and Goldman Sachs Asset Management (GSAM) announced today the launch of T. Rowe Price Goldman Sachs Private Markets Fund.
The new interval fund1 combines the leadership of T. Rowe Price's Multi-Asset and Equity investment teams in portfolio construction and late-stage private equity investing, respectively, with GSAM's global alternatives platform and the institutional private credit expertise of Oak Hill Advisors (OHA), the private credit platform of T. Rowe Price.
Expanding Access to Private Markets
T. Rowe Price Goldman Sachs Private Markets Fund expands access for individual investors to institutional-quality private market opportunities within a single professionally managed portfolio. As more economic value creation occurs outside public markets, private markets and alternative assets have become increasingly important parts of the investment landscape. Yet access for individual investors has typically been limited by hurdles including high investment minimums, high fees, and tax reporting complexity.
The new fund is designed to address these and other barriers through lower investment minimums, daily pricing, professional asset management,

July 14 was one of the most concentrated single-day events of Wall Street's Q2 2026 earnings season, with all five of America's largest banks reporting results on the same morning, alongside the June CPI report and Federal Reserve Chair Kevin Warsh's inaugural Congressional testimony. Combined, those five firms have more than $13 trillion in assets, and this quarter was especially significant because it was the first full reporting period to include fee income from SpaceX's record-breaking IPO.
Dissecting the Blowout Q2 Numbers
JPMorgan Chase & Co. (NYSE:JPM)'s numbers make clear this quarter went well beyond IPO fee income alone. Second-quarter net income reached $21.2 billion, or $7.70 per share, boosted by a $4.6 billion gain related to JPMorgan's Visa stake, but even after deducting that, core profit came in at $16.9 billion, or $6.14 per share, comfortably ahead of Wall Street's $5.80 projection and well above the $5.50-5.59 consensus range analysts had predicted going into the print.
On the other side, The Goldman Sachs Group, Inc. (NYSE:GS) had the most dramatic percentage beat. Goldman reported net earnings of $6.63 billion and record diluted earnings per share of $20.98, a 92% increase year-over-year that crushed consensus estimates of $14.54 per share. Total revenue increased to $20.34 billion, driven by a notable 72% year-on-year increase in equities trading revenue to $7.42 billion. The bank's equity underwriting revenues increased 130% to $985 million, demonstrat

Palantir Technologies Likely to Deliver Q2 Revenue Beat, Raise Annual Outlook, Oppenheimer Says
Palantir Technologies (PLTR) is expected to report "solid" Q2 revenue growth and raise its full-year outlook when it releases its quarterly financial results on Aug. 3, Oppenheimer said in a note Monday.
The investment firm expects Q2 revenue to rise about 85% from a year earlier, above the 79% midpoint of the company's guidance. Palantir is also expected to increase its full-year growth forecast to more than 75% from its current projection of 71%, according to the note.
Palantir's US commercial business remains strong, with revenue expected to grow at least 135% in Q2 and 125% for the full year, Oppenheimer said, adding it expects Palantir to raise its US commercial outlook, while viewing international expansion as a longer-term opportunity.
The company launched new agentic artificial intelligence tools at DevCon 6 to reduce reliance on external software and speed up deployment. The firm said it expects "further innovation" to help the company capture growing AI demand.
Oppenheimer reiterated an outperform rating on Palantir Technologies, with a price target of $200.
Shares of Palantir Technologies were up 3.2% in Monday trading.

After multiple years of strong gains, Palantir Technologies (PLTR +4.40%) stock has begun to decline in 2026. Thus far, it's down around 28%. The tech company has been posting strong results driven by heightened demand from opportunities stemming from artificial intelligence (AI). Its growth rate has been impressive, and CEO Alex Karp hasn't been shy when talking up the company's future growth prospects.
However, even another round of strong quarterly results may not be enough to lift the stock out of its current tailspin. Instead, here's why I think it'll hit a new 52-week low after the company posts its latest numbers next week, on Aug. 3.
Palantir's valuation has centered on hype, which seems to be fading
At the beginning of the year, Palantir's stock traded at well over 250 times its trailing earnings. Investors didn't care about the valuation because it was doing so well; it was thriving due to AI demand, and expectations were that the growth would remain relentless. That excitement can enable a stock to trade far above what its earnings would typically justify.
The challenge, however, is that these days, there are newer, shinier growth stocks for investors to rally around, such as Elon Musk's Space Exploration Technologies Corp, also known as SpaceX, which went public last month. The shortage of memory and storage products is also leading more growth investors to focus on tech stocks in those areas.
Palantir, despite its impressive growth and all the superlatives its CE

Intel shares rise after the chip maker’s earnings beat analysts’ expectations, but other AI stocks aren’t getting much of a boost.
Intel shares rise after the chip maker’s earnings beat analysts’ expectations, but other AI stocks aren’t getting much of a boost.

This article first appeared on GuruFocus.
Oracle (ORCL, Financials) The enterprise software and cloud computing company won a 10-year contract with the U.S. military that could be worth as much as $6.99 billion if all option years are exercised.The arrangement includes a basic value of $3.31 billion for the first five years, with five option years that may take the total to over $7 billion.The contract includes Oracle software used in on-premises data centers across all military branches, the Coast Guard and the U.S. intelligence agency.It also enables agencies to buy cloud services, software applications, technical support and professional services via specific task and delivery orders.U.S. authorities said the consolidated procurement system will likely save taxpayers at least $441 million by decreasing fragmented purchasing and harmonizing technology across agencies.The arrangement is part of the Department of War's Enterprise Software Initiative, which aims to streamline software acquisition and increase interoperability and cybersecurity.Oracle's shares rose about 2% in after-hours trading following the announcement.Now, investors will be watching the pace of orders under the contract and how much of the potential $6.99 billion value will be realized.

Qualcomm’s AI Story Is Hot. Why Is First Solar’s Future Clearer?
For investors wanting semiconductor exposure, First Solar’s locked-in demand and superior metrics present a more compelling forward case than Qualcomm’s turnaround story.
If you own a semiconductor stock, you are likely making a bet on the relentless demand for processing power, from the phone in your pocket to the data centers powering artificial intelligence. But there is another type of exposure available. Qualcomm (QCOM) and First Solar (FSLR) offer two very different paths to that semiconductor exposure. One is a household name in mobile and AI chips; the other is a leader in solar panel technology.
Yet both are fundamentally in the business of turning advanced materials into intelligent, energy-harnessing devices. The decision between them turns on a single question: Are you buying proven demand or a promising story?
The Clearest Signal: One Outlook Cut, The Other Held Firm
Decisions are about the future, and the cleanest signal of a company’s future is its own guidance. Here, the contrast is stark. At its latest report, Qualcomm cut its forward guidance for revenue. First Solar, meanwhile, affirmed its outlook. A management team trimming its own forecast is sending a powerful message about near-term challenges, while one holding the line signals stability. This divergence in forward commentary is the starting point for understanding the two opportunities.
Whose Demand Is More Certain?
First Solar’s path f

FREMONT, Calif., July 21, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced a new upgrade for European homeowners with existing second-generation Enphase IQ® Battery 3T™ and IQ® Battery 10T™ systems. Customers can now add home backup and expand their storage capacity with the latest Enphase products while continuing to use the batteries they already own.
The new capability protects the homeowner's original investment while allowing the energy system to evolve as household needs grow. Customers can add more storage as they adopt electric vehicles, heat pumps, and other electric appliances, while also gaining backup power during grid outages.
The second-generation batteries currently operate in grid-tied mode, storing solar energy for use when the grid is available, but they do not provide backup power during an outage. The new capability changes that. When the grid goes down, the IQ® System Controller safely disconnects the home from the grid, allowing the solar and battery system to continue powering the home.
The capability is available in Germany, the Netherlands, France, Belgium, Sweden, Switzerland, Luxembourg, Austria, Spain, Denmark, Portugal, Greece, and Finland. Homeowners have two flexible upgrade paths that can be configured by an Enphase-certified installer through the Enphase® Installer App:
Add backup to an existing system. Homeowners with second-generation IQ® Batteries can add an IQ System Controll

The X social media account of Robinhood Markets (NASDAQ: $HOOD ) CEO Vlad Tenev has been hacked to promote a new memecoin called “Vladhood” (CRYPTO: $VLAD ).
The hack was reportedly executed to promote the VLAD memecoin to investors.
Posts sent from Tenev’s account claimed that Robinhood is launching Vladhood as the “official Robinhood Chain mascot.”
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The social media posts also say that the VLAD memecoin will be listed in the Robinhood app.
Robinhood Markets was quick to state that the social media posts and VLAD token are a “potential scam.”
The company has publicly confirmed that Tenev's social media account has been compromised, adding: “We’re working with X to restore access and the post has been removed.”
The hack comes after the crypto exchange launched “Robinhood Chain” on July 1, a new venue for memecoin trading.
Less than a month old and Robinhood Chain is already processing about six million transactions a day, according to the company.
HOOD stock has declined 12% this year to trade at $101.58 U.S. per share.

(Bloomberg) -- A rapid selloff in the high-flying momentum trade is wrecking the strategy's staunchest bulls: Retail traders.
Most Read from Bloomberg
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Retina Chip Designed to Restore Sight to Go on Sale in Europe
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Apple Plans Overhaul of MacBooks, iMac in Push to Meet AI Demand
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Alphabet Falls as $205 Billion Spending Plan Fuels AI Cost Fear
A basket of 50 stocks favored by amateur investors, which includes names like Robinhood Markets Inc. and Marvell Technology Inc., is on track for the worst month since 2022. A Jefferies basket of Russell 1000 firms with the highest retail participation has lost more than a quarter of its value since June.
Retail traders' obsession with whatever is the next hot thing in the market — often associated with the acronym YOLO for "you only live once" — is misfiring in a month when momentum went from the market's darling to its punching bag. The strategy that involves buying the stocks that are rising the most and shorting the biggest decliners is the worst performer among 11 quant factors tracked by Bloomberg so far in July.
"Semis and AI hardware names, which have been the primary driver of momentum, have been longstanding names in retail portfolios," said Viraj Patel, global macro strategist at Vanda Research.
A confluence of worries is likely behind the ordeal in the momentum trade. First, uncertainty about the payoff from massive AI investments has prompted hedge funds to u

SpaceX (SPCX) fell more than 50% from its all-time intraday high Thursday, joining a space stock sell-off that was already underway before its June 12 debut.
The Procure Space ETF (UFO) peaked in late May, roughly two weeks before SpaceX reached the public market. SPCX initially shot higher, but the broader trade had already rolled over.
Bespoke Investment Group recently called it a "violent crash in space-related stocks." The damage is hard to dispute. The timing shows that SpaceX did not start the decline. It eventually became one of its biggest casualties.
Yahoo Finance analyzed 17 new-space stocks, including Rocket Lab (RKLB), AST SpaceMobile (ASTS), Redwire (RDW), Planet Labs (PL), Intuitive Machines (LUNR), BlackSky (BKSY), and Virgin Galactic (SPCE).
At its 2026 peak, the median stock in the group had climbed 134%. It has since fallen 58% from that high, leaving the basket down roughly 1% from where it began the year.
Ten of the 17 stocks have no gain left for the year, while 14 have been cut in half from their highest 2026 close.
The round trip does not mean commercial space has lost its long-term promise. It shows how quickly prices can race ahead of businesses that may need years to turn contracts, launches, and satellite networks into durable profits.
A 50% or 60% decline also does not automatically create a bargain. A stock down 60% is not necessarily 60% "off," especially when expectations, valuations, or the business outlook have changed. Investors still need im

Stock Market Today: The Dow Jones index rose Friday as oil prices pulled back after big gains in recent sessions. SpaceX stock dropped.
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Stock Market Today: The Dow Jones index rose Friday as oil prices pulled back after big gains in recent sessions. SpaceX stock dropped.

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, and the actively traded Invesco QQQ Trust (QQQ) advanced 0.1% in Friday's premarket activity, as investors digest new US tariffs amid continued corporate earnings.
US stock futures were higher, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures gaining 0.4%, and Nasdaq futures advancing 0.1% before the start of regular trading.
S&P Global US Manufacturing, Service, and Composite PMI are expected at 9:45 AM ET. New Home Sales are due at 10 AM ET, followed by Kansas City Fed Services at 11 AM ET.
In premarket action, bitcoin was up by 0.01%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.1% higher, Ether ETF (EETH) advanced 0.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose over 2.6%.
Power Play:
Technology
The State Street Technology Select Sector SPDR ETF (XLK) advanced 0.1%, the iShares US Technology ETF (IYW) was 0.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.9%, while the iShares Semiconductor ETF (SOXX) fell by 0.5%.
Intel (INTC) shares were up more than 3% in premarket activity after the company reported that it swung to fiscal Q2 adjusted earnings as revenue increased during the period.
Winners and Losers:
Energy
The iShares

This article first appeared on GuruFocus.
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Total Revenue: EUR1.556 billion, up 4%.
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Subscription Revenue Growth: 8%, twice as fast as overall business.
-
Service Revenue Growth: 6%.
-
Recurring Revenue Growth: 5% ex-FX.
-
Operating Margin: 30%, up 90 basis points ex-FX.
-
Earnings Per Share (EPS): EUR0.31, up 8%.
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Annualized Contract Value (ARR): EUR4.443 billion, with EUR73 million added in Q2.
-
3DEXPERIENCE and Cloud Growth: 14% overall, with 3DEXPERIENCE cloud growth at 60%.
-
Geographic Performance: Asia up 8%, Americas up 5%, Europe flat.
-
Industrial Innovation Growth: 5%, driven by CATIA, ENOVIA, and DELMIA.
-
Mainstream Innovation Growth: 8%, with SOLIDWORKS unit growth in double digits.
-
Life Sciences Revenue: MEDIDATA down 3% due to low booking volumes and Moderna impact.
-
Operating Cash Flow (H1): EUR1.237 billion, up 8% year-over-year.
-
Free Cash Flow Growth (H1): 13% ex-FX.
-
Cash and Cash Equivalents: EUR5.660 billion as of June 2026.
-
Net Cash Position: EUR2.3 billion, increased by EUR750 million in H1.
-
Full Year Revenue Guidance: EUR6.296 billion to EUR6.416 billion, 3% to 5% growth ex-FX.
-
Full Year EPS Guidance: EUR1.30 to EUR1.34, 3% to 6% growth ex-FX.
Release Date: July 23, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
-
Dassault Systemes SE (DASTF) reaffirmed its full-year guidance with a 4% revenue growth and an 8% increase in earnings per share, indicating strong fin

Is Arrowhead Pharmaceuticals Stock A Smart Buy After Its Transition To A Commercial Company?
With its first drug on the market and a pipeline full of catalysts, the company asks investors to weigh a powerful growth story against an elevated valuation and a history of volatility.
Arrowhead Pharmaceuticals (ARWR) is no longer just a story stock about the promise of its science. With its first drug, REDEMPLO, now approved and selling, the company has officially made the difficult leap from pure research and development to a commercial enterprise. This transition comes as the stock trades near the top of a 52-week range that has seen it soar more than 500%. For an investor today, the question is sharp and practical: after such a monumental run, is this the start of a new chapter of growth, or are you arriving after the best part of the story has already been told?
What You Are Paying For
At a market capitalization of about $10.6 billion, you are paying a steep premium for Arrowhead’s future. The stock trades at a price-to-sales ratio of 17.1, a figure more than five times the 3.3 multiple for the S&P 500. That kind of valuation isn’t for current performance; the company is still unprofitable, with a deeply negative operating margin of -36% compared to the market’s positive 18.4%. Instead, you are paying for the market’s belief in a long runway of growth, powered by a pipeline of drugs that could one day dwarf today’s business. The company is investing heavily and burning cash, so

This article first appeared on GuruFocus.
-
Total Revenue: EUR1.556 billion, up 4%.
-
Subscription Revenue Growth: 8%, twice as fast as overall business.
-
Service Revenue Growth: 6%.
-
Recurring Revenue Growth: 5% ex-FX.
-
Operating Margin: 30%, up 90 basis points ex-FX.
-
Earnings Per Share (EPS): EUR0.31, up 8%.
-
Annualized Contract Value (ARR): EUR4.443 billion, with EUR73 million added in Q2.
-
3DEXPERIENCE and Cloud Growth: 14% overall, with 3DEXPERIENCE cloud growth at 60%.
-
Geographic Performance: Asia up 8%, Americas up 5%, Europe flat.
-
Industrial Innovation Growth: 5%, driven by CATIA, ENOVIA, and DELMIA.
-
Mainstream Innovation Growth: 8%, with SOLIDWORKS unit growth in double digits.
-
Life Sciences Revenue: MEDIDATA down 3% due to low booking volumes and Moderna impact.
-
Operating Cash Flow (H1): EUR1.237 billion, up 8% year-over-year.
-
Free Cash Flow Growth (H1): 13% ex-FX.
-
Cash and Cash Equivalents: EUR5.660 billion as of June 2026.
-
Net Cash Position: EUR2.3 billion, increased by EUR750 million in H1.
-
Full Year Revenue Guidance: EUR6.296 billion to EUR6.416 billion, 3% to 5% growth ex-FX.
-
Full Year EPS Guidance: EUR1.30 to EUR1.34, 3% to 6% growth ex-FX.
Release Date: July 23, 2026
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
-
Dassault Systemes SE (DASTF) reaffirmed its full-year guidance with a 4% revenue growth and an 8% increase in earnings per share, indicating strong fin

Is Arrowhead Pharmaceuticals Stock A Smart Buy After Its Transition To A Commercial Company?
With its first drug on the market and a pipeline full of catalysts, the company asks investors to weigh a powerful growth story against an elevated valuation and a history of volatility.
Arrowhead Pharmaceuticals (ARWR) is no longer just a story stock about the promise of its science. With its first drug, REDEMPLO, now approved and selling, the company has officially made the difficult leap from pure research and development to a commercial enterprise. This transition comes as the stock trades near the top of a 52-week range that has seen it soar more than 500%. For an investor today, the question is sharp and practical: after such a monumental run, is this the start of a new chapter of growth, or are you arriving after the best part of the story has already been told?
What You Are Paying For
At a market capitalization of about $10.6 billion, you are paying a steep premium for Arrowhead’s future. The stock trades at a price-to-sales ratio of 17.1, a figure more than five times the 3.3 multiple for the S&P 500. That kind of valuation isn’t for current performance; the company is still unprofitable, with a deeply negative operating margin of -36% compared to the market’s positive 18.4%. Instead, you are paying for the market’s belief in a long runway of growth, powered by a pipeline of drugs that could one day dwarf today’s business. The company is investing heavily and burning cash, so

Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday Amid New US Tariffs
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.2%, and the actively traded Invesco QQQ Trust (QQQ) advanced 0.1% in Friday's premarket activity, as investors digest new US tariffs amid continued corporate earnings.
US stock futures were higher, with S&P 500 Index futures up 0.2%, Dow Jones Industrial Average futures gaining 0.4%, and Nasdaq futures advancing 0.1% before the start of regular trading.
S&P Global US Manufacturing, Service, and Composite PMI are expected at 9:45 AM ET. New Home Sales are due at 10 AM ET, followed by Kansas City Fed Services at 11 AM ET.
In premarket action, bitcoin was up by 0.01%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.1% higher, Ether ETF (EETH) advanced 0.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose over 2.6%.
Power Play:
Technology
The State Street Technology Select Sector SPDR ETF (XLK) advanced 0.1%, the iShares US Technology ETF (IYW) was 0.6% higher, and the iShares Expanded Tech Sector ETF (IGM) was up 0.1%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) gained 0.9%, while the iShares Semiconductor ETF (SOXX) fell by 0.5%.
Intel (INTC) shares were up more than 3% in premarket activity after the company reported that it swung to fiscal Q2 adjusted earnings as revenue increased during the period.
Winners and Losers:
Energy
The iShares

Sector Update: Energy Stocks Decline Pre-Bell Friday
Energy stocks were declining pre-bell Friday, with the State Street Energy Select Sector SPDR ETF (XLE) 0.3% lower.
The United States Oil Fund (USO) was down 1.7% and the United States Natural Gas Fund (UNG) was 1.9% higher.
Front-month US West Texas Intermediate crude oil was 2.4% lower at $89.90 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 2.8% to $97.83 per barrel, and natural gas futures were up 1.3% at $2.95 per 1 million British Thermal Units.
SLB (SLB) shares were up nearly 4% after the company reported Q2 adjusted earnings and revenue that topped analysts' estimates.
BP (BP) is in advanced talks to sell its solar power arm Lightsource to a consortium comprising Qualitas Energy, a private equity firm focused on green energy, and Wren House, the infrastructure arm of the Kuwait Investment Authority, Reuters reported. BP stock was 0.3% lower premarket.
Ocean Power Technologies (OPTT) stock was 2% lower after the company said it acquired strategic subsea developmental technology assets from Columbia Power Technologies.

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the industry has underperformed the market over the past six months as its 6.3% return lagged the S&P 500 by 2.3 percentage points.
Only some companies are subject to these dynamics, however, and a handful of high-quality businesses can deliver earnings growth in any environment. With that said, here is one industrials stock poised to generate sustainable market-beating returns and two we're passing on.
Two Industrials Stocks to Sell:
Albany (AIN)
Market Cap: $2.11 billion
Founded in 1895, Albany (NYSE:AIN) is a global textiles and materials processing company, specializing in machine clothing for paper mills and engineered composite structures for aerospace and other industries.
Why Is AIN Risky?
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Flat sales over the last two years suggest it must find different ways to grow during this cycle
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Free cash flow margin dropped by 5.2 percentage points over the last five years, implying the company became more capital intensive as competition picked up
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Diminishing returns on capital from an already low starting point show that neither management's prior nor current bets are going as planned
Albany is trading at $74.26 per share, or 1.8x trailing 12-month price-to-sales. Check out our free in-depth research report to learn more about why AIN

Dycom Industries, Inc. DY appears increasingly well-positioned to benefit from the convergence of Artificial Intelligence (AI), data center expansion and fiber infrastructure spending. The rapid growth of AI workloads is intensifying demand for data center capacity, while hyperscalers and other customers continue investing in the networks needed to connect these facilities with businesses and homes.
Dycom's latest results highlight the strength of this opportunity. Fiscal 2027 first-quarter contract revenues jumped 56.1% year over year to $1.96 billion, while organic growth was 24.7%. Total backlog reached a record $11.9 billion, up 46.5%, with a 2.2x book-to-bill ratio. Customers are also extending contract durations to secure Dycom's skilled workforce, providing greater visibility into future growth.
The Communications segment remains a key beneficiary of fiber-to-the-home, long-haul and middle-mile infrastructure projects. Meanwhile, Building Systems is expanding its role in the data center ecosystem. Power Solutions delivered strong first-quarter performance, and DY's pending $275 million acquisition of National Technology Integrators is expected to add structured cabling, security and advanced audiovisual capabilities.
The strategy could create a more comprehensive offering spanning data center racks, electrical systems, fiber networks and connections to businesses and homes. Management's raised fiscal 2027 revenue outlook of $7.38-$7.65 billion further reflects confiden

HP has had an impressive run over the past six months as its shares have beaten the S&P 500 by 20.7%. The stock now trades at $25.12, marking a 29.3% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Is now the time to buy HP, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free.
Why Do We Think HP Will Underperform?
Despite the momentum, we're sitting this one out for now. Here are three reasons why there are better opportunities than HPQ, plus one stock we'd rather own.
1. Revenue Spiraling Downwards
Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last five years, HP's demand was weak and its revenue declined by 1.2% per year. This was below our standards and signals it's a low quality business.
2. Projected Revenue Growth Shows Limited Upside
Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite.
Over the next 12 months, sell-side analysts expect HP's revenue to stall, a deceleration versus its 1.2% annualized declines for the past five years. This projection is underwhelming and indicates its products and ser

Dell’s Big Day Was All About Another Company
You might think a stock jumps on its own news, but Wednesday’s surge was a lesson in how the AI hardware frenzy is lifting all boats.
Dell Technologies (DELL) popped 9.3% on Wednesday, and you might be looking for a press release or an earnings report from the company to explain it. You won’t find one. The real catalyst came from a rival, and it tells you everything you need to know about the current state of the AI hardware market.
What Did Super Micro Announce?
The company lighting up the ticker was Super Micro Computer. It released a preliminary business update showing it had received more than $60 billion in new orders during its fiscal fourth quarter. That flood of demand drove its order backlog to a record high and sent its own stock up 13%.
And Why Does That Matter For Dell?
Wall Street calls this a “read-through.” The logic is simple: if a company like Super Micro is seeing that level of “incredibly strong demand for AI powered servers,” then a market leader like Dell is almost certainly swimming in the same rich current. Investors didn’t wait for Dell to confirm it; they bid the stock up on the assumption that the AI server boom is big enough for everyone. The move handily outpaced peers like HPQ, which rose just 1.2%.
- S&P 500 Movers | Winners: SMCI, WAB, DELL | Losers: GEV, NOW, PTC
- S&P 500 Movers | Winners: PYPL, BLK, CBRE | Losers: PNR, ERIE, DELL
- Dell Stock Lit The Afterburners. Is There Enough Fuel For The Trip?

Norfolk Southern Corporation (NSC) reported adjusted second-quarter 2026 earnings of $3.52 per share, up 7% year over year and 9% above the Zacks Consensus Estimate of $3.23. Railway operating revenues rose 11% to a record $3.47 billion, beating the consensus mark of $3.32 billion by 4.4%.
The top-line gain reflected 4% volume growth, stronger revenue per unit and higher fuel surcharges. Total units reached 1.86 million, while adjusted income from railway operations increased 5% to $1.20 billion.
Norfolk Southern Corporation Price, Consensus and EPS Surprise
Merchandise revenues increased 8% year over year to $2.13 billion. Units rose 2%, while revenue per unit advanced 6%, supported by higher fuel surcharge revenue and favorable rate and mix.
Chemicals revenues climbed 18%, agriculture, forest and consumer products increased 4% and metals and construction rose 5%. Automotive revenues advanced 3%, with units remaining essentially flat.
Norfolk Southern's Intermodal Leads Growth
Intermodal revenues jumped 22% to $908 million, with units up 5% and revenue per unit rising 16%. Domestic intermodal units grew 11%, more than offsetting a 3% decline in international units.
Coal revenues climbed 7% to $424 million as units increased 3% and revenue per unit improved 4%. Export coal tonnage surged 25%, while utility and domestic metallurgical tonnage declined 8% and 15%, respectively.
NSC's Costs Weigh on Efficiency
Adjusted railway operating expenses rose 15% to $2.27 billion. Fuel ex

American Airlines AAL reported second-quarter 2026 earnings (excluding 4 cents from non-recurring items) of 15 cents per share, down 84.2% year over year but well above the Zacks Consensus Estimate of 3 cents. The result represented a 400% earnings surprise.
Operating revenues rose 16.3% to a record $16.74 billion and surpassed the consensus mark of $16.70 billion by 0.2%. Revenue growth was strong across all entities and cabins, with premium, Main Cabin, domestic and international all increasing meaningfully year over year. Total revenue per available seat mile increased 10.3%.
AAL's Passenger Revenues Gain on Higher Pricing
Passenger revenues climbed 15.9% year over year to $15.21 billion. Cargo revenues increased 29.7% to $273 million, while other revenues advanced 17.9% to $1.25 billion.
Passenger yield rose 11.9% to 22.33 cents, reflecting stronger pricing. Passenger revenue per available seat mile increased 10% to 18.59 cents. Revenue passenger miles grew 3.6%, while capacity, measured in available seat miles, expanded 5.4%.The passenger load factor (% of seats filled with passengers) declined 1.5 points to 83.2%.
American Airlines Price, Consensus and EPS Surprise
American Airlines price-consensus-eps-surprise-chart | American Airlines Quote
American Airlines Sees Broad Cabin and Regional Strength
Premium passenger unit revenues increased 13.4% year over year, outperforming an 8.8% rise in Main Cabin unit revenues. Managed corporate revenues advanced 26%, marking the f

The performance of consumer discretionary businesses is closely linked to economic cycles. Over the past six months, it seems like demand trends may be working against them as the industry's returns were flat while the S&P 500 was up 7.9%.
A cautious approach is imperative when dabbling in these companies as many also lack recurring revenue characteristics and ride short-term fads. Taking that into account, here are three consumer stocks we're passing on.
ThredUp (TDUP)
Market Cap: $740.7 million
Founded to revolutionize thrifting, ThredUp (NASDAQ:TDUP) is a leading online fashion resale marketplace offering a wide selection of gently-used clothing and accessories.
Why Do We Steer Clear of TDUP?
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Number of orders has disappointed over the past two years, indicating weak demand for its offerings
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Suboptimal cost structure is highlighted by its history of operating margin losses
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Poor free cash flow margin of -0.5% for the last two years limits its freedom to invest in growth initiatives, execute share buybacks, or pay dividends
ThredUp's stock price of $5.71 implies a valuation ratio of 34.2x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than TDUP.
Sirius XM (SIRI)
Market Cap: $10.05 billion
Known for its commercial-free music channels, Sirius XM (NASDAQ:SIRI) is a broadcasting company that provides satellite radio and online radio services across North America.
Why Do We Think SIRI Will Underperform?
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Lackluster 1% annu

Investing.com -- Truist Securities downgraded Norwegian Cruise Line Holdings (NCLH) to Hold from Buy on Thursday, citing the stock's approach to the firm's $20 price target and a rise in promotional activity across the mass-market cruise segment.
Analyst C. Patrick Scholes told investors in a note that Truist's July demand and price survey pointed to further pressure on yields in the second half of 2026 and now the first quarter of 2027.
The call was said to have been based on conversations with senior travel industry executives and analysis of forward cruise booking and pricing data.
Truist attributed booking softness from May through mid-June to hantavirus rather than the US-Iran conflict.
Following Carnival Corp.'s modest second-half yield guidance reduction, the firm expects a similar scenario at Norwegian and Royal Caribbean, neither of which would have anticipated the slowdown when guiding at first-quarter earnings. Truist also said it is difficult to see upside to consensus 2027 yield expectations of 2.5% to 3.5%.
The bank flagged a sizable pickup in discounting for fall 2026 and winter 2026-2027 Caribbean sailings, most notably Norwegian's semi-annual sale, which it described as "the most aggressive post-Covid outside of Black Friday promos."
Such activity is "never a good sign for a company or the industry," Scholes said.
Separately, Truist raised its Carnival price target to $31 from $29 on lower fuel and depreciation assumptions, keeping a Hold rating.
River and lu

Cognizant and Gulf Edge Announce Strategic Partnership to Accelerate Enterprise AI Adoption in Southeast Asia
Partnership combines Cognizant's global AI engineering capabilities with Gulf Edge's sovereign digital infrastructure to capture the region's growing demand for secure, scalable AI solutions.
From left to right:
1. Mr. Thomas Mathew, Vice President , Head of ASEAN and Greater China, Cognizant
2. Mr. Ganesh Ayyar, President of Asia Pacific and Japan, Cognizant
3. Mr. Sarath Ratanavadi, Chief Executive Officer, Gulf Development Public Company Limited
4. Ms. Yupapin Wangviwat, Chief Financial Officer, Gulf Development Public Company Limited
5. Dr. Korn Poonsirivong, Head of AI Business, Gulf Edge Company Limited
BANGKOK, July 24, 2026 (GLOBE NEWSWIRE) -- Cognizant (Nasdaq: CTSH), a leading AI builder and global technology services provider, and Gulf Edge Company Limited, the digital infrastructure arm of Thai energy and infrastructure conglomerate Gulf Development Public Company Limited (GULF) or Gulf Group , today announced a landmark strategic partnership. The alliance is designed to accelerate enterprise AI adoption and establish a resilient, AI-native digital economy in Thailand and the broader region.
As artificial intelligence (AI) rapidly reshapes industries, economies, and societies worldwide, the partnership aims to establish the foundational ecosystem needed to enable Thailand's next phase of digital transformation. By combining trusted sovereign digital infras

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Cognizant Technology Solutions is set to report Q2 results that some analysts see as the start of a major turnaround in its growth profile.
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The update comes with NasdaqGS:CTSH trading at $43.01 ahead of the earnings release.
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Investors are watching closely for signs that the company's business performance is stabilizing after a prolonged period of weaker returns.
Cognizant Technology Solutions heads into this Q2 update with a mixed recent track record for shareholders. The stock is priced at $43.01, with the share price up 5.0% over the past 30 days but down 47.1% year to date and down 42.8% over the past year. Over a 5 year span, the stock is down 36.8%, which helps explain why expectations around a potential turnaround are getting close attention.
For anyone following NasdaqGS:CTSH, the upcoming results could provide fresh insight into how management is responding to past challenges and repositioning the business. The focus now is on whether the next set of numbers and commentary can start to rebuild confidence and reset expectations for the company's path from here.
Stay updated on the most important news stories for Cognizant Technology Solutions by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Cognizant Technology Solutions.
3 things going right for Cognizant Technology Solutions that

The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.
Some large-cap stocks are past their peak, and StockStory is here to help you separate the winners from the laggards. Keeping that in mind, here is one S&P 500 stock that is leading the market forward and two that may struggle.
Two Stocks to Sell:
CSX (CSX)
Market Cap: $97.82 billion
Established as part of the Chessie System and Seaboard Coast Line Industries merger, CSX (NASDAQ:CSX) is a transportation company specializing in freight rail services.
Why Do We Think CSX Will Underperform?
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Disappointing unit sales over the past two years indicate demand is soft and that the company may need to revise its strategy
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Flat earnings per share over the last two years lagged its peers
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6.2 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position
At $53.21 per share, CSX trades at 23.3x forward P/E. To fully understand why you should be careful with CSX, check out our full research report (it's free).
Everest Group (EG)
Market Cap: $14.86 billion
Rebranded from Everest Re in 2023 to reflect its evolution beyond just reinsurance, Everest Group (NYSE:EG) underwrites property and casualty reinsurance and insurance

The Discount On GOOGL Stock Looks Overdone
After a sharp pullback, one of the world’s most dominant companies is trading at a steep discount to the market, forcing investors to decide if it’s a rare opportunity or a clear warning.
Alphabet (GOOGL), the parent of Google Search and YouTube, trades at 15.8 times earnings while the S&P 500 median sits at 24.0. That discount arrives after a 21% pullback from its 52-week high, creating a classic bargain-hunter’s dilemma. Is the market offering a gift, or is this a fair price for a business facing new pressures? The value-trap test weighs the evidence.
The Business Is Firing On All Cylinders.
A value trap often begins with deteriorating fundamentals, but Alphabet’s engine shows no signs of sputtering. Trailing twelve-month revenue grew 20%, more than double the S&P 500 median of 7.7%. The company is also exceptionally profitable, with an operating margin of 33% over the last year, far outpacing the market median of 18.4%.
The most recent quarter confirms this strength. Management reported that overall revenue grew 24% year-over-year. The core Search business delivered 17% growth, while the high-stakes Cloud segment saw revenue grow an explosive 82%, powered by demand for AI infrastructure. These are not the numbers of a business in decay.
The AI Arms Race Comes With A Hefty Price Tag.
If the business is so strong, why the discount? The market’s anxiety is focused on the large cost of competing in artificial intelligence. This spendi

The Discount On GOOGL Stock Looks Overdone
After a sharp pullback, one of the world’s most dominant companies is trading at a steep discount to the market, forcing investors to decide if it’s a rare opportunity or a clear warning.
Alphabet (GOOGL), the parent of Google Search and YouTube, trades at 15.8 times earnings while the S&P 500 median sits at 24.0. That discount arrives after a 21% pullback from its 52-week high, creating a classic bargain-hunter’s dilemma. Is the market offering a gift, or is this a fair price for a business facing new pressures? The value-trap test weighs the evidence.
The Business Is Firing On All Cylinders.
A value trap often begins with deteriorating fundamentals, but Alphabet’s engine shows no signs of sputtering. Trailing twelve-month revenue grew 20%, more than double the S&P 500 median of 7.7%. The company is also exceptionally profitable, with an operating margin of 33% over the last year, far outpacing the market median of 18.4%.
- How Long IBM Stock Could Stay Underwater
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- Get Paid 9.5% To Wait For NFLX Stock To Go On Sale
- Get Paid 8.3% A Year To Hold RTX Stock You Already Own
The most recent quarter confirms this strength. Management reported that overall revenue grew 24% year-over-year. The core Search business delivered 17% growth, while the high-stakes Clou

Get Paid 9.5% To Wait For NFLX Stock To Go On Sale
Here is a way to collect a hefty income stream from Netflix stock right now, which you keep no matter what, while lining up a chance to buy shares at a serious discount if they ever get that cheap.
Netflix (NFLX) has had a rough ride, with the stock trading around $68.89 after a punishing year that has seen it fall about 45% from its 52-week high. For investors who see a potential rebound but are wary of jumping in now, this kind of volatility creates an opportunity. It allows you to generate an immediate cash yield by agreeing to buy the stock only if it falls to a much lower price, a proposition laid out below.
9.5% annualized yield at a 33% margin of safety, by selling put options.
- Sell a put option on NFLX expiring 6/17/2027, with a strike price of $48.
- Collect roughly $194 in premium per contract (each contract covers 100 shares).
- That works out to about 4.5% annualized on the $4,800 of cash you set aside to secure the trade.
- Park that cash in a money market or savings account earning roughly 5.0%, and your total yield climbs to about 9.5%.
- And if NFLX falls below $48, you buy it at $48, an effective entry near $46.06 a share after the premium, about a 33% discount to today’s $68.89.
Both Outcomes Put Cash In Your Pocket
If NFLX stays above $48 through 6/17/2027, the put expires worthless, and you simply keep the full $194 premium. That is about 4.0% on the $4,800 you set aside over 329 days, cash that might ot

Cognizant and Gulf Edge Announce Strategic Partnership to Accelerate Enterprise AI Adoption in Southeast Asia
Partnership combines Cognizant's global AI engineering capabilities with Gulf Edge's sovereign digital infrastructure to capture the region's growing demand for secure, scalable AI solutions.
From left to right:
1. Mr. Thomas Mathew, Vice President , Head of ASEAN and Greater China, Cognizant
2. Mr. Ganesh Ayyar, President of Asia Pacific and Japan, Cognizant
3. Mr. Sarath Ratanavadi, Chief Executive Officer, Gulf Development Public Company Limited
4. Ms. Yupapin Wangviwat, Chief Financial Officer, Gulf Development Public Company Limited
5. Dr. Korn Poonsirivong, Head of AI Business, Gulf Edge Company Limited
BANGKOK, July 24, 2026 (GLOBE NEWSWIRE) -- Cognizant (Nasdaq: CTSH), a leading AI builder and global technology services provider, and Gulf Edge Company Limited, the digital infrastructure arm of Thai energy and infrastructure conglomerate Gulf Development Public Company Limited (GULF) or Gulf Group , today announced a landmark strategic partnership. The alliance is designed to accelerate enterprise AI adoption and establish a resilient, AI-native digital economy in Thailand and the broader region.
As artificial intelligence (AI) rapidly reshapes industries, economies, and societies worldwide, the partnership aims to establish the foundational ecosystem needed to enable Thailand's next phase of digital transformation. By combining trusted sovereign digital infras

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
-
Cognizant Technology Solutions is set to report Q2 results that some analysts see as the start of a major turnaround in its growth profile.
-
The update comes with NasdaqGS:CTSH trading at $43.01 ahead of the earnings release.
-
Investors are watching closely for signs that the company's business performance is stabilizing after a prolonged period of weaker returns.
Cognizant Technology Solutions heads into this Q2 update with a mixed recent track record for shareholders. The stock is priced at $43.01, with the share price up 5.0% over the past 30 days but down 47.1% year to date and down 42.8% over the past year. Over a 5 year span, the stock is down 36.8%, which helps explain why expectations around a potential turnaround are getting close attention.
For anyone following NasdaqGS:CTSH, the upcoming results could provide fresh insight into how management is responding to past challenges and repositioning the business. The focus now is on whether the next set of numbers and commentary can start to rebuild confidence and reset expectations for the company's path from here.
Stay updated on the most important news stories for Cognizant Technology Solutions by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Cognizant Technology Solutions.
3 things going right for Cognizant Technology Solutions that

HP has had an impressive run over the past six months as its shares have beaten the S&P 500 by 20.7%. The stock now trades at $25.12, marking a 29.3% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
Is now the time to buy HP, or should you be careful about including it in your portfolio? Get the full stock story straight from our expert analysts, it's free.
Why Do We Think HP Will Underperform?
Despite the momentum, we're sitting this one out for now. Here are three reasons why there are better opportunities than HPQ, plus one stock we'd rather own.
1. Revenue Spiraling Downwards
Examining a company's long-term performance can provide clues about its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Over the last five years, HP's demand was weak and its revenue declined by 1.2% per year. This was below our standards and signals it's a low quality business.
2. Projected Revenue Growth Shows Limited Upside
Forecasted revenues by Wall Street analysts signal a company's potential. Predictions may not always be accurate, but accelerating growth typically boosts valuation multiples and stock prices while slowing growth does the opposite.
Over the next 12 months, sell-side analysts expect HP's revenue to stall, a deceleration versus its 1.2% annualized declines for the past five years. This projection is underwhelming and indicates its products and ser

Dell’s Big Day Was All About Another Company
You might think a stock jumps on its own news, but Wednesday’s surge was a lesson in how the AI hardware frenzy is lifting all boats.
Dell Technologies (DELL) popped 9.3% on Wednesday, and you might be looking for a press release or an earnings report from the company to explain it. You won’t find one. The real catalyst came from a rival, and it tells you everything you need to know about the current state of the AI hardware market.
What Did Super Micro Announce?
The company lighting up the ticker was Super Micro Computer. It released a preliminary business update showing it had received more than $60 billion in new orders during its fiscal fourth quarter. That flood of demand drove its order backlog to a record high and sent its own stock up 13%.
And Why Does That Matter For Dell?
Wall Street calls this a “read-through.” The logic is simple: if a company like Super Micro is seeing that level of “incredibly strong demand for AI powered servers,” then a market leader like Dell is almost certainly swimming in the same rich current. Investors didn’t wait for Dell to confirm it; they bid the stock up on the assumption that the AI server boom is big enough for everyone. The move handily outpaced peers like HPQ, which rose just 1.2%.
Isn’t Dell Already Firing On All Cylinders?
This wave of optimism is dropping sharply onto fertile ground. Dell’s own performance has been impressive, with year-over-year revenue growth accelerating to 39%,

This article first appeared on GuruFocus.
Verizon Communications (NYSE:VZ) fell 0.36% premarket after reporting second-quarter adjusted earnings of $1.30 a share, ahead of the $1.28 analysts expected, while revenue of $34.3 billion fell 0.7% and came in short of the $35.16 billion forecast. The shortfall traces to equipment sales, down nearly 20%, or more than $1.2 billion, as customers held phones longer and Verizon cut spending on device subsidies.
Net income dropped 22.9% to $3.9 billion on $1.8 billion of pre-tax special items, including a $746 million loss tied to classifying its international wireline business as held for sale, $397 million of severance and $258 million of asset rationalization charges. Adjusted EBITDA rose 7.2% to $13.7 billion at a 40.1% margin, the highest the company ever reported.
Verizon added 184,000 postpaid phone customers, its best consumer second quarter in five years, plus 348,000 broadband net additions. Free cash flow climbed 24.4% to $6.4 billion in the quarter. Verizon returned $9.4 billion in total capital to shareholders in the first half of 2026.
Guidance went up for a second straight quarter, with adjusted EPS now seen at $4.99 to $5.04 and free cash flow growth of 9% to 10%. The buyback target rose to as much as $4.5 billion. CEO Dan Schulman said the results show "a structural inflection point across our entire business."

SpaceX, Micron, SAP, Verizon, Amex, Tenet, and More Stocks That Explain Today’s Market SpaceX, Micron, SAP, Verizon, Amex, Tenet, and More Stocks That Explain Today’s Market · Barrons.com · AFP via Getty Images George Glover Fri, July 24, 2026 at 7:12 PM GMT+3 3 min read INTC SNDK SAP NEM MU Stocks rise as oil prices fall but Intel shares are declining even as the chip maker’s earnings beat analysts’ expectations. Continue Reading Terms and Privacy Policy EU DSA contact Privacy & Cookie Settings More Info

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The Morning Bull - US Market Morning Update Thursday, Jul, 23 2026
US stock futures are pointing slightly lower this morning, as investors weigh higher bond yields and firm energy prices against softer jobs data. The US 10 year Treasury yield is trading near a two month high around 4.63%, which means borrowing stays relatively expensive for households and companies. Oil related tensions are feeding into that move, with a surprise US crude inventory build of 2.6 million barrels and emergency reserves at a 43 year low, keeping energy costs in focus. At the same time, ADP private hiring continues to slow. This raises the question of whether rate sensitive sectors like banks and real estate or economically sensitive areas like consumer and small cap stocks should be the priority right now for portfolio risk.
With bond yields elevated and energy costs in focus, many investors are gravitating toward 82 resilient stocks with low risk scores.
Top Movers
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Westinghouse Air Brake Technologies (WAB) jumped 10.04% after Q2 results and a higher BofA price target.
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Dell Technologies (DELL) surged 9.32%.
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EQT (EQT) gained 8.45% after analysts raised price targets following Q2 performance and cash flow metrics.
Is Dell Technologies still a smart investment or just hype? Read our most popular narrative and get all the ans

CONWAY, Ark., July 23, 2026--(BUSINESS WIRE)--Acxiom®, the connected data and technology foundation for the world's leading brands, today announced the launch of the Identity Boost Accelerator powered by Real ID. This new solution brings together Salesforce's Data 360 and Acxiom's identity resolution to securely connect fragmented identity signals and enrich customer profiles with verified data and insights while maintaining privacy and security.
The Identity Boost Accelerator connects customer data that already lives in brands' systems and enriches it with verified insights to create a complete customer view. Instead of relying on costly custom projects that can take 18 to 24 months to build, the accelerator empowers brands to deploy in weeks. It uses a secure, zero-copy architecture that keeps customer data in place rather than moving it between systems. Brands immediately see higher audience match rates, better personalization, accurately measured campaigns, and an AI-ready customer foundation.
"Brands are increasingly turning to first-party data strategies to power personalization and engagement," said Sean Muzzy, Global President at Acxiom. "The Identity Boost Accelerator makes this transition faster by delivering the identity enrichment needed to build clean, activated audiences and underpins our strategy of making Real ID available when and where clients need it."
"This accelerator exemplifies how Acxiom and Salesforce help customers extract maximum value from their da

The global e-commerce fulfillment services market is projected to grow from USD 154.11 billion in 2026 to USD 304.04 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.73%. Key drivers of this growth include advancements in artificial intelligence, warehouse automation, and distributed omnichannel networks, which enhance delivery speed, cost management, and customer service. The market is evolving with a focus on balancing factors such as delivery resilience, regulatory compliance, and environmental impact. Opportunities abound in areas like cross-border networks, smarter last-mile delivery, and sustainable packaging, shaping the strategic priorities for technology vendors and fulfillment operators.
Elsewhere in the market, Microalliance Group was a notable mover up 224.5% and finishing the session at $1.76, not far from its 52-week high. At the same time, Quantgroup Holding softened, down 24% to end trading at HK$13.39.
Best E-Commerce Stocks
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Amazon.com settled at $244.85 down 1.1%.
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Adobe ended the day at $218.36 down 3.9%.
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Salesforce finished trading at $163.00 down 4.2%.
Turning Ideas Into Actions
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Investigate our full lineup of 243 E-Commerce Stocks featuring Mullen Group, Sega Sammy Holdings and Weimob right here.
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Searching for a Fresh Perspective? The latest GPUs need a type of rare earth metal called Neodymium and there are only 29 companies in the world exploring or producing it. Find the list for free.
This article by Simply Wall St is ge

Elon Musk came the closest he has yet to addressing long-running speculation that he intends to combine Tesla (TSLA) and SpaceX (SPCX) on Tesla's Q2 earnings call, but stopped short of confirming anything.
Asked whether he sees value in eventually merging the businesses, Musk didn't reject the idea, but first pointed to the growing collaborations tying his two companies together.
"As you can tell from all the many collaborations on so many fronts with SpaceX, and there's a lot. There's more and more overlap, especially with Terafab," Musk said. "But obviously, you know, we can't talk about combining companies on an earnings call. It's got to be done with the appropriate process."
Musk didn't say a combination isn't happening — only that an earnings call isn't the venue to discuss it, and that any move would require a formal process. Musk then handed the question to Tesla's general counsel for a prepared answer talking more about collaborations.
The two companies Musk controls are already deeply intertwined, even financially. Tesla holds an equity stake in SpaceX and, earlier this year, entered a "framework agreement" governing future collaboration.
SpaceX has been steady Tesla customers, buying batteries, energy products and Cybertrucks, while Tesla weaves SpaceXAI tech back into its own products. Grok, the AI model from Musk's xAI, is being embedded in Tesla vehicles and, Musk said, helping power the "digital" version of the Optimus robot.
Starlink is being built into the Cy

Investing.com - U.S. stock index futures pointed lower on Thursday as investors digested another round of technology earnings and monitored escalating tensions in the Middle East that pushed oil prices back above $98 a barrel, renewing concerns over inflation and global growth.
By 05:44 ET (09:44 GMT), Dow Jones Futures fell 200 points, or 0.4%, S&P 500 Futures slipped 27 points, or 0.4%, and Nasdaq 100 Futures declined 108 points, or 0.4%.
The retreat follows a mixed earnings season for technology companies, with investors continuing to scrutinize whether corporate results can justify elevated valuations tied to the artificial intelligence boom. Rising crude prices also remained in focus after renewed geopolitical tensions added to concerns over global energy supplies.
Here are some of the biggest premarket U.S. stock movers today:
Vita Coco surged 8.8% in premarket trading after the coconut water maker reported second-quarter results that comfortably exceeded Wall Street expectations.
Net sales climbed 28% year-over-year to $216 million, while adjusted EBITDA jumped to $67 million, well above analyst estimates of about $45 million. Gross margin expanded to 49% from 36% a year earlier, highlighting stronger pricing power and improved operating efficiency.
Hut 8 gained 6.0% after Morgan Stanley initiated coverage of the AI infrastructure company with an Overweight rating and a Street-high price target of $263. The brokerage cited growing demand for AI infrastructure, promptin

© Adobe Stock Images
Dow (NYSE:DOW) reported better-than-expected second-quarter earnings on Thursday, supported by higher selling prices across its business, particularly in polyethylene, helping offset a modest decline in sales volumes.
The stronger results prompted a positive market reaction, with the company’s shares rising more than 2% in premarket trading.
Dow posted adjusted earnings of $1.44 per share for the second quarter, comfortably ahead of analysts’ consensus estimate of $1.25.
Revenue increased 20% year over year to $12.09 billion, exceeding market expectations of $12.01 billion and improving from $10.1 billion in the same period last year.
The company said a 20% increase in local pricing across its portfolio more than compensated for a 1% decline in sales volumes.
Operating EBIT reached $1.6 billion during the quarter, representing an improvement of $1.7 billion from a year earlier.
The increase reflected stronger pricing and continued benefits from Dow’s Transform to Outperform programme, which is focused on improving efficiency and reducing costs.
Chief Executive Officer Karen S. Carter said, “Team Dow delivered strong second quarter results through disciplined and timely execution, reliably serving our customers, and accelerating our self-help actions.”
She added, “We now expect to generate approximately $200 million more in benefits from Transform to Outperform this year, enabling us to increase the total in-year benefits from self-help to greater than $1.

Dow Inc. DOW is slated to come up with second-quarter 2026 results before the opening bell on July 23. While DOW is expected to have benefited from its cost and productivity initiatives, soft demand due to weak global economic activities and input cost headwinds are likely to have weighed on its second-quarter performance.
The Zacks Consensus Estimate for second-quarter earnings has been revised 23.7% upward in the past 60 days. The consensus estimate for earnings is pegged at $1.20 per share, suggesting a 385.7% year-over-year increase.
Image Source: Zacks Investment Research
DOW surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once. It has a trailing four-quarter negative earnings surprise of roughly 38.2%, on average.
Image Source: Zacks Investment Research
Q2 Earnings Whispers for DOW Stock
Our proven model does not conclusively predict an earnings beat for DOW this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that's not the case here. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.
Dow has an Earnings ESP of -3.37% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here.
Factors Shaping DOW's Q2 Results
Dow is expected to have benefited from cost-saving and productivity actions in the second quarter. Dow is taking action to cut costs by $1 bil

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LyondellBasell Industries has delivered a 30.7% gain year to date, and the valuation checks now suggest investors are looking at a stock that screens cheap rather than stretched after that run.
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The 30.7% year to date return indicates renewed optimism in LyondellBasell Industries, raising the question of how much value is already reflected in the share price.
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Progress on circular plastics, highlighted by the recent recycled packaging partnership with Mondelez, can support longer term cash flow expectations. However, concerns around leverage and weaker recent revenue and EBITDA trends may limit how much investors are willing to pay for that story.
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With a high value score of 5 out of 6, the broader checks lean toward LyondellBasell Industries trading on the cheap side relative to its fundamentals.
The issue now is whether LyondellBasell Industries still offers enough valuation upside after this year to date rally to compensate for its balance sheet and operating headwinds.
Find out why LyondellBasell Industries' 0.1% return over the last year is lagging behind its peers.
Is LyondellBasell Industries a Bargain on Sales?
The P/S multiple is a useful cross check for LyondellBasell Industries because it ties the share price directly to the revenue base in a sector where margins can swing with commodity cycles. On this yardstick, LyondellBasell trades on a P/S of a