August 18, 2026 2:25 pm
Key Moments Micron Technology stock is falling nearly 4.9% in morning trading, reversing the prior session’s strong advance. Netlist Inc. has launched an ITC complaint and a separate federal lawsuit over alleged infringement of DDR5 RDIMM and MRDIMM patents central to Micron’s AI server memory portfolio. Sector-wide pressure from higher oil prices and Treasury yields […]
Read moreAugust 18, 2026 1:43 pm
Key Moments Starbucks Corporation (SBUX) is trading at $107.92, just 2.4% below its 52-week high of $110.51, with a trailing P/E of 62.0x and forward P/E of 41.2x. BMO targets $120 per share and forecasts roughly $4.00 in EPS for FY2028, above the consensus range of $3.66–$3.75. A fair-value estimate of $92.70 indicates Starbucks shares […]
Read moreAugust 18, 2026 11:23 am
Key Moments Morgan Stanley reports that mega-cap tech stocks remained under-owned by active institutional managers relative to their S&P 500 weights, with the gap widening in the second quarter to -129 basis points. Nvidia shows the largest underweight among large-cap tech, with a -2.53% gap versus its S&P 500 weighting, while Sandisk ranks as the […]
Read moreAugust 18, 2026 10:48 am
Key Moments Wells Fargo reported that Carvana Co (NYSE:CVNA) is sustaining market share gains and production improvements after meeting with the company’s investor relations team. Northeast and Midwest retail units grew 54% in the second quarter, outpacing the company average growth rate of 38%. Wells Fargo raised its fiscal 2026 and 2027 EPS estimates for […]
Read moreAugust 18, 2026 9:45 am
Key Moments The Stoxx Europe 600 Index slipped 0.2%, extending its decline to six straight sessions and touching its lowest level since August 5. Reports that Iran shifted to a fully offensive military stance after a breakdown in ceasefire talks rattled global risk assets and drove crude above $91 a barrel. With Q2 earnings season […]
Read moreAugust 17, 2026 1:17 pm
Key Moments Nvidia agreed to invest $1.5 billion in SB Energy, gaining access to up to 8 gigawatts of AI computing capacity at an Ohio campus developed for OpenAI. The planned Ohio AI data center at the PORTS-Pike Technology Campus has an initial capacity of 4.25 GW using Nvidia GPUs and networking equipment. SB Energy […]
Read moreAugust 17, 2026 1:16 pm
Key Moments CrowdStrike (NASDAQ:CRWD) marked a new 52-week high at $227.50 before closing at $216.95, while trading 38.6% above an InvestingPro fair value estimate of $133.12. Analysts expect Q2 FY2027 EPS of $0.29 and revenue of $1.44 billion, with implied revenue growth of approximately 23% year over year and accelerating net new ARR growth. Despite […]
Read moreAugust 17, 2026 1:08 pm
Key Moments Workday stock fell 2.7% in pre-market trading after Deutsche Bank and BTIG both cut their ratings. The downgrades followed an 18% single-session jump on August 13 tied to a Reuters report of preliminary buyout talks with Silver Lake at about $43 billion. Despite the pullback, Workday shares have still gained nearly 37% over […]
Read moreAugust 17, 2026 9:48 am
Key Moments Reddit delivered the fastest year-over-year ARPU growth in both the US and international markets in the second quarter of 2026, according to Bank of America. US revenue per hour on Reddit nearly doubled in the second quarter of 2026, rising 95% year-over-year to $0.45. Pinterest led daily active user expansion across US and […]
Read moreAugust 17, 2026 9:38 am
Key Moments Intuit Inc (INTU) has dropped 52% over the past year from a 52-week high of $721.54 to $345.66, even after an 18.75% rebound in the past month. Mizuho views the current ~13x FY27E non-GAAP P/E as a trough valuation for a double-digit growth story, with a stated fair value of $558.85, implying 61.7% […]
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