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Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market
Barrons.com18d agoneutral
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market

Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.

How Bullish 2026 Earnings Forecasts At EOG Resources (EOG) Has Changed Its Investment Story
Simply Wall St.18d agoneutral
How Bullish 2026 Earnings Forecasts At EOG Resources (EOG) Has Changed Its Investment Story

Wall Street analysts recently projected that EOG Resources’ June 2026 quarter earnings per share would more than double year over year, with revenues expected to reach about US$7.95 billion on strong contributions from crude oil, natural gas liquids, and gathering, processing, and marketing. Beyond the headline growth, shifting analyst expectations and segment-by-segment optimism highlight how EOG’s diversified production mix is increasingly central to its earnings power. Next, we’ll examine...

The Bull Case For Emerson Electric (EMR) Could Change Following Its Expanded Industrial AI Automation Push
Simply Wall St.18d agoneutral
The Bull Case For Emerson Electric (EMR) Could Change Following Its Expanded Industrial AI Automation Push

In late July and early August 2026, Emerson Electric expanded its industrial AI portfolio by launching the DeltaV Automation Platform for Data Centers, enhancing Nigel AI across NI’s software suite, and introducing Ovation AI Agents for power and water customers. Together, these offerings move Emerson further toward unified, AI-enabled automation that aims to simplify complex infrastructure control and build a foundation for more autonomous operations across data centers, test environments,...

XPeng (XPEV) Stock Could Be 28% Overvalued As Global Expansion Plans Build
Simply Wall St.18d agoneutral
XPeng (XPEV) Stock Could Be 28% Overvalued As Global Expansion Plans Build

XPeng stock has delivered a decline of about 71% over the past five years. Current checks send a mixed message as the Discounted Cash Flow (DCF) intrinsic value estimate points to a premium to the market price, while market multiples suggest the shares screen as cheap on some measures. Over the past five years XPeng has fallen roughly 70.8%, which means anyone looking at the stock today is weighing a long period of weak returns against the current price tag. Recent attention on XPeng’s...

Investing.com18d agoneutral
BofA says this memory stock could double. Here are 5 reasons why

Investing.com -- Bank of America has resumed coverage of SK Hynix with a Buy rating and a price target of W3,000,000 on the locally listed shares, arguing that the Korean chipmaker's dominance in high-bandwidth memory positions it for an operating profit super-cycle that Wall Street has yet to fully price in.

Bloomberg18d agoneutral
Nvidia, Dell Back AI Cloud Startup Volta at $2.4 Billion Value

(Bloomberg) -- Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI chips. The funding, set to be announced Tuesday, values Volta at $2.4 billion, and was co-led by Andreessen Horowitz and Altimeter Capital. Nvidia Corp. and Michael Dell also participated. Azora, the asset-management firm providing the financing

Merck (NYSE:MRK) Posts Better-Than-Expected Sales In Q2 CY2026
StockStory18d agoneutral
Merck (NYSE:MRK) Posts Better-Than-Expected Sales In Q2 CY2026

Global pharmaceutical company Merck (NYSE:MRK) announced better-than-expected revenue in Q2 CY2026, with sales up 5.1% year on year to $16.61 billion. The company expects the full year’s revenue to be around $66.8 billion, close to analysts’ estimates. Its non-GAAP loss of $0.13 per share was 49.5% above analysts’ consensus estimates.

Bitcoin News Today: Strategy Dumps 1,638 BTC Below Cost Basis
99bitcoins18d agoneutral
Bitcoin News Today: Strategy Dumps 1,638 BTC Below Cost Basis

In Bitcoin news today, Strategy (MSTR) has sold 1,638 BTC for approximately $105M, according to a recent 8-K filing with the SEC, marking six consecutive weeks without a single Bitcoin purchase and continuing a clear pivot away from the firm’s historic accumulation strategy. The sale is notable because Strategy has ...

Skye Anderson named McDonald’s USA president
Nation's Restaurant News18d agoneutral
Skye Anderson named McDonald’s USA president

The fast-food giant promoted the longtime executive to helm its biggest market, seeing an “opportunity to raise the bar in the U.S. and accelerate performance in our largest market.”