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Nvidia rivals get a rare break in AI race
TheStreet33d agoneutral
Nvidia rivals get a rare break in AI race

Nvidia (NVDA) investors were more or less expecting another clean step forward in the AI upgrade cycle. Rubin was expected to continue pushing the roadmap ahead, customers would keep chasing capacity, and rivals would remain stuck trying to close an insurmountable lead. That confidence, though, has ...

Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
24/7 Wall St.33d agobearish
Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First

Fundstrat’s Tom Lee laid out a roadmap for where he saw the market going for the rest of the year on a CNBC Squawk Box interview on July 6, 2026, arguing the S&P 500 can grind to 8,000 by year-end, with upside to 8,400 to 8,800, but that would likely come only after surviving a ... Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First

Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?
24/7 Wall St.33d agoneutral
Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?

Microsoft (NASDAQ:MSFT) looks mispriced, and the discomfort is the whole point. The company is cutting roughly 4,800 jobs, about 2.1% of its workforce, while telling investors it will spend roughly $190 billion on capex in calendar 2026 to feed AI and Azure. Microsoft is the closest thing the S&P 500 has to a pure AI ... Microsoft Is Cutting 4,800 Jobs to Feed the AI Machine. Should You Still Own It?

AI Crushed Software Stocks. IGV Is Betting the ‘SaaSpocalypse’ Is Overblown
24/7 Wall St.33d agoneutral
AI Crushed Software Stocks. IGV Is Betting the ‘SaaSpocalypse’ Is Overblown

The iShares Expanded Tech-Software Sector ETF (BATS:IGV) is down 10.5% year to date while the S&P 500 is up 10.8% and the Technology Select Sector SPDR is up 26%. That gap reflects the market pricing software as if the AI thesis has turned against it. Own IGV and you are betting the “SaaSpocalypse” narrative, that ... AI Crushed Software Stocks. IGV Is Betting the ‘SaaSpocalypse’ Is Overblown

A 2.86% Yield, 0.08% Fee, and 75 Stocks: Is HDV the Anti-Hype ETF?
24/7 Wall St.34d agoneutral
A 2.86% Yield, 0.08% Fee, and 75 Stocks: Is HDV the Anti-Hype ETF?

Dividend funds pulled in $24.1 billion in the first quarter of 2026, their strongest opening quarter in four years, and a lot of that cash went looking for a boring place to hide from AI-hype exhaustion. The iShares Core High Dividend ETF (NYSEARCA:HDV) is one of them. HDV holds 75 positions, charges 0.08%, and yields ... A 2.86% Yield, 0.08% Fee, and 75 Stocks: Is HDV the Anti-Hype ETF?

The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.
24/7 Wall St.34d agoneutral
The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.

On a recent episode of Barron’s Streetwise, host Jack Hough answered a listener named William who was nervous about how much money he had made in AI-adjacent names like Dell (NYSE:DELL) and HPE (NYSE:HPE). Hough’s answer had a number in it that should probably make everyone else nervous too. “You can look at the S&P 500 right now ... The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.

Flex Makes Strategic Portfolio Move With Sheldahl Divestiture
Insider Monkey34d agoneutral
Flex Makes Strategic Portfolio Move With Sheldahl Divestiture

With a short percentage of shares outstanding of 1.80%, Flex Ltd. (NASDAQ:FLEX) is among the 7 Best Battery Technology Stocks to Buy for Grid Storage. On June 9, Flex Ltd. (NASDAQ:FLEX) announced the divestiture of its Sheldahl business to Chase Corporation as part of its ongoing strategy to optimize its portfolio and increase its focus on higher-growth, higher-margin businesses. Sheldahl designs and […]