I have covered Micron more times lately than any other stock on my beat. The Q3 earnings beat was historic. The guidance was historic. The HBM4 shipment disclosure was historic. And yet the stock is now trading near $970, down from a 52-week high of $1,255 reached June 25, as investors wrestle with a question
Shares of Meta Platforms (META) have struggled in 2026, despite the company’s aggressive push into artificial intelligence. The stock is down 11.7% year to date through July 2, trailing the S&P 500‘s roughly 9% gain over the same period. On July 2, Meta’s CEO Mark Zuckerberg acknowledged that the company’s AI reorganization has not delivered
On June 12, Amazon engineers handed a report to the U.S. Commerce Department. Within hours, two of Anthropic’s newest AI models went offline for every user on the planet. Nineteen days later, Anthropic got them back. The return of Claude Fable 5 to global availability on July 1 is the result of two weeks of
Benchmark raised its price target on Datadog to $330 from $260 on Thursday, July 2, a Street high, while keeping its buy rating unchanged. The stock was already up more than 90% year to date before this call landed, meaning Benchmark is not calling a bottom, but arguing the rally still has room to run.
OpenAI is now worth $852 billion. The people who built that valuation are a small group of venture capitalists, early employees, and institutional investors. A much larger group of workers had their jobs, wages, and industries reshaped to help get it there. Most of them have no financial stake in the outcome. On July 2,
Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else’s AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that run critical U.S. infrastructure their own
Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more important product cycles in
Kroger Co (KR) agreed on Wednesday, July 1, to acquire Giant Eagle, the family-owned grocery and pharmacy chain based in Pittsburgh, according to Kroger investor relations. The price tag is $1.65 billion, a fraction of the $24.6 billion merger Kroger tried to complete with Albertsons before courts blocked it in 2024, Newsweek reported. Investors did
Palantir (PLTR) CEOAlex Karp just pitched the company’s next big AI moment as a trust crisis. In a fresh television appearance on CNBC’s “Squawk Box,” Karp said the AI boom has created a problem most businesses aren’t too eager to say out loud. Investors are chasing bigger models and faster chips. Still, Karp cut through
Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock’s performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of writing, Thursday morning, July 2. Meanwhile, the SPDR S&P 500 index (SPY) is up about 9.36% in the same period.