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Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
Reuters40d agobullish
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade

Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has ‌bought shares of sports-betting platforms Flutter Entertainment and DraftKings, ‌wagering regulatory scrutiny will eventually curb the threat posed by prediction markets. Burry said on ​Wednesday he bought Flutter at about $107 a share and DraftKings "in the low $26s." Together, the investments make up a full-sized position weighted roughly 60/40 toward Flutter, though the investor said he may make each a full ‌position in the future.

Top financial expert declares Marvell 'no longer a marvelous buy'
TheStreet40d agobullish
Top financial expert declares Marvell 'no longer a marvelous buy'

Marvell Technology (MRVL) has been one of the best trades in the AI boom. The stock rose more than 220% over the past year as data centers continued to buy its custom chips and optical components. Lately, the stock has cooled, slipping to around $230 after pulling back from its highs. Now, ...

UBS Keeps Bullish View on PNC, Reiterates Buy Rating
Insider Monkey40d agobullish
UBS Keeps Bullish View on PNC, Reiterates Buy Rating

The PNC Financial Services Group, Inc. (NYSE:PNC) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 25, UBS reiterated its Buy rating on The PNC Financial Services Group, Inc. (NYSE:PNC) with a price target of $263 on the stock. This update came after meetings at the company’s headquarters with […]

Citi Sees Buying Opportunity in PDD
Insider Monkey40d agobullish
Citi Sees Buying Opportunity in PDD

PDD Holdings Inc. (NASDAQ:PDD) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 27, Citi said that China’s major internet companies have become unpopular with investors this year as money has shifted toward AI chipmakers. However, the bank believes the recent decline in these stocks has gone too far […]

Morgan Stanley Keeps Buy Rating on Gilead (GILD)
Insider Monkey40d agobullish
Morgan Stanley Keeps Buy Rating on Gilead (GILD)

Gilead Sciences, Inc. (NASDAQ:GILD) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 30, Morgan Stanley kept its Buy rating on Gilead Sciences, Inc. (NASDAQ:GILD) and maintained its price target of $168. The research firm’s positive view is based on a number of factors, including the company’s growth outlook […]

Is Micron (MU) One of the Most Profitable Cheap Stocks to Buy Right Now?
Insider Monkey40d agobullish
Is Micron (MU) One of the Most Profitable Cheap Stocks to Buy Right Now?

Micron Technology, Inc. (NASDAQ:MU) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 29, Cantor Fitzgerald raised its price target on Micron Technology, Inc. (NASDAQ:MU) from $1,500 to $2,000 and maintained its Overweight rating on the stock. This update came after the company’s disclosure of strategic customer agreements, which […]

Huntington Ingalls Industries (HII) Wins Defense Awards And Expands Autonomous Vessel Production
Simply Wall St.40d agobullish
Huntington Ingalls Industries (HII) Wins Defense Awards And Expands Autonomous Vessel Production

Huntington Ingalls Industries (NYSE:HII) advanced its defense tech portfolio in the past week as two Mission Technologies electronic warfare products, GRIMM and VIPER, reached awardable status on the U.S. Department of War's Tradewinds Solutions Marketplace. The company secured a renewed production contract for the Lionfish unmanned undersea vehicle program, described as the Navy's first transition from rapid prototype to full scale cyber compliant production. HII also announced a...

Is ConocoPhillips (COP) Still Below Fair Value After Oil Prices Jumped?
Simply Wall St.40d agobullish
Is ConocoPhillips (COP) Still Below Fair Value After Oil Prices Jumped?

ConocoPhillips (COP) stock recently reacted to renewed conflict between the United States and Iran, as escalating tensions and attacks on commercial ships pushed crude prices higher and sharpened investor focus on the company’s cash flow sensitivity. See our latest analysis for ConocoPhillips. Beyond the latest move in crude prices, ConocoPhillips shares have had mixed momentum. The stock recorded a 4.3% 7 day share price return following recent index additions, compared with a 30 day share...

CRWV Vs. QQQ: Buy CoreWeave for Explosive AI Alpha or Hold QQQ for Insulated Macro Safety?
24/7 Wall St.40d agobullish
CRWV Vs. QQQ: Buy CoreWeave for Explosive AI Alpha or Hold QQQ for Insulated Macro Safety?

CoreWeave (NASDAQ:CRWV) and Invesco QQQ Trust (NASDAQ:QQQ) just gave investors two very different reads on the AI trade. CoreWeave posted its strongest bookings quarter ever, then watched shares slide on customer concentration fears. QQQ, the Nasdaq-100 basket, absorbed the same tech turbulence with barely a scratch. One is a levered GPU cloud pure-play. The other ... CRWV Vs. QQQ: Buy CoreWeave for Explosive AI Alpha or Hold QQQ for Insulated Macro Safety?

Northland Reiterates its Outperform rating on AXT, Inc. (AXTI)
Insider Monkey40d agobullish
Northland Reiterates its Outperform rating on AXT, Inc. (AXTI)

AXT, Inc. (NASDAQ:AXTI) is one of the 10 Best Under-the-Radar Stocks to Invest In. On June 25, Northland reiterated its Outperform rating on AXT, Inc. (NASDAQ:AXTI). The firm maintained its recently increased $125 price target. In an investor note, Northland said investors should buy the recent pullback following the company’s “very positive” appearance at the […]

Broadcom Vs. Apple: AVGO Just Locked in Apple Through 2031 Which is Why You Should Buy it Over AAPL
24/7 Wall St.40d agobullish
Broadcom Vs. Apple: AVGO Just Locked in Apple Through 2031 Which is Why You Should Buy it Over AAPL

Broadcom (NASDAQ: AVGO) and Apple (NASDAQ: AAPL) both posted strong quarters, but the more interesting story sits in the contract between them. Broadcom’s newly finalized custom silicon extension with Apple runs through 2031, hard-wiring roughly 20% of AVGO’s annual sales to the world’s largest device maker. That single fact reframes how these two NASDAQ names ... Broadcom Vs. Apple: AVGO Just Locked in Apple Through 2031 Which is Why You Should Buy it Over AAPL

Every Memory Stock Is Now in a Bear Market: Is Micron, SanDisk, or Applied Materials the Best Buy?
24/7 Wall St.40d agobullish
Every Memory Stock Is Now in a Bear Market: Is Micron, SanDisk, or Applied Materials the Best Buy?

The memory-chip complex has sold off hard from recent peaks. In light of this, investors are asking which of Micron Technology (NASDAQ:MU), SanDisk (NASDAQ:SNDK), or Applied Materials (NASDAQ:AMAT) they should actually own after the drawdown. According to Carson Group chief market strategist Ryan Detrick, from recent highs Micron stock is down 22%, Applied Materials stock ... Every Memory Stock Is Now in a Bear Market: Is Micron, SanDisk, or Applied Materials the Best Buy?

Is MaxLinear, Inc. (MXL) Among the Best Stocks to Buy for the Second Half of 2026?
Insider Monkey40d agobullish
Is MaxLinear, Inc. (MXL) Among the Best Stocks to Buy for the Second Half of 2026?

MaxLinear, Inc. (NASDAQ:MXL) is among the Best Stocks To Buy. On June 3, MaxLinear, Inc. (NASDAQ:MXL) and Los Alamos National Laboratory announced a collaboration to develop OpenZFS storage for large-scale high-performance computing environments. The firm said the architecture is designed to improve performance and storage capacity for next-generation NVMe flash infrastructure. Senior director for Computing […]