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Rep. Thomas H. Kean, Jr. Sells Off Shares of Alphabet Inc. (NASDAQ:GOOGL)
Market Beat·1 hour ago
- Representative Thomas H. Kean, Jr. disclosed the sale of shares in Alphabet Inc. valued between $1,001 and $15,000 made on July 22nd. - Alphabet Inc. recently reported strong second-quarter earnings with $9.11 earnings per share and $119.80 billion in revenue, beating analysts' consensus estimates. - The company experienced notable developments including a custom AI-chip partnership with Marvell Technology, strong Google Cloud growth, and Waymo's robotaxi expansion.
GOOGL+0.15%GOOG+0.12%
Jensen Huang Said AI Could 'Destroy and Eliminate' Jobs in Radiology, but Mark Cuban Says 'No Chance'
benzinga_article·2 hours ago
- Nvidia Corp. CEO Jensen Huang warned that rapid advancements in computer vision could eliminate radiology as a profession. - Billionaire entrepreneur Mark Cuban countered that radiologists will not be replaced because AI models are costly to operate, quickly become outdated, and require complex medical expertise. - Cuban additionally noted that AI's primary opportunity in health care lies in cutting administrative burdens rather than substituting medical practitioners.
MSFT+0.56%META+0.43%
Trending | AVGO Decreases 4% on Wednesday, Some Put options Soar 700%
Options Flow·3 hours ago
AVGO-4.61%
SOXL turns every 1% Nvidia move into 3%. Here’s what $10,000 did in the last 12 months
MSN·7 hours ago
- The Direxion Daily Semiconductor Bull 3X Shares ETF turned an initial $10,000 investment into nearly $49,000 over a 12 month period, achieving a 393% price gain by tripling the daily moves of the NYSE Semiconductor Index. - This performance occurred while Nvidia gained roughly 24% over the same timeframe. - The fund's leverage simultaneously drove a 52% drop from its $302 peak in under two months.
NVDA-0.99%SOXL-6.48%
Analysts Favor Dividend Aristocrats JNJ and LIN Ahead of Q3 Earnings
Tip Ranks·9 hours ago
LIN+0.51%JNJ+0.85%
A bullish signal could point to gains ahead for these big tech stocks
MSN·9 hours ago
- Morgan Stanley reports that a gap between institutional ownership and S&P 500 weights in major tech stocks signals potential gains ahead. - Nvidia is identified as the most under-owned tech stock within the bank's coverage. - The AI chipmaker is scheduled to report its earnings after the closing bell on Wednesday.
NVDA-0.99%NVDX-2.18%
Virtuix Holdings Inc. 1Q FY2027: Revenue $0.77M, EPS $(0.22) — 10-Q Summary
TradingView·10 hours ago
- Virtuix Holdings Inc. reported its Q1 FY2027 financial results, posting a revenue of $0.77M and a diluted loss per share of $(0.22). - Revenue declined 26% year over year due to backlog shipments lapped, while new orders for the Omni One consumer product increased by 72%. - The company is strategically shifting its focus toward consumer products and early defense traction, targeting meaningful defense sales by FY2028.
VTIX+1.89%META+0.43%
Nvidia weighs a $20 billion bet on Mercor, its own AI data supplier
Cryptopolitan·10 hours ago
- Nvidia is reportedly in talks to invest in its AI data supplier Mercor, potentially valuing the company at $ 20 billion following its $ 2 billion revenue milestone in June 2026. - This potential investment has sparked concerns regarding circular financing, a practice where a company funds its suppliers or customers, which the Bank for International Settlements identified as a major risk to global financial stability. - While Nvidia denies these accusations by claiming its chips are fungible, critics warn that heavy debt financing and interconnected investments could strain credit markets if profitability fails.
NVD+1.95%NVDY-0.86%
Samsung Tumbled Nearly 8% in Seoul Even as AI Demand Drives Chip Prices Up To 15%
benzinga_article·10 hours ago
- Samsung Electronics raised prices for its advanced 4-nanometer and 5-nanometer chipmaking services by 10 % to 15 % for new orders in July due to surging AI demand. - Despite this pricing power and strong AI-driven production, Samsung shares in Seoul tumbled 7.8 % amid a broader market sell-off and investor questions regarding the scale of AI spending. - The capacity constraints at Taiwan Semiconductor Manufacturing Co. have positioned Samsung as a key alternative supplier, helping its foundry unit edge closer to profitability.
NVDA-0.99%EWY+2.58%
Meta Stock Rises despite Ex-Engineer Saying Child Safety Was an "Afterthought"
Tip Ranks·11 hours ago
- Meta Platforms stock rose 0.4% amid testimony from former engineering director Arturo Béjar in a child-safety trial alleging the company prioritized user engagement over minor safety. - Multiple states accuse Meta of designing products that encourage excessive youth usage and collecting data on children under 13 without parental consent. - While Meta denies the allegations and highlights its investments in teen safety, Wall Street maintains a Strong Buy consensus on the stock with an average price target of $ 752.18.
META+0.43%METW+0.50%
16:19 ETHims & Hers Health (NYSE: HIMS) Stock Plunges 14% Following Major FTC Lawsuit Over Privacy & Billing; Hagens Berman Investigates Corporate Compliance and Investor Ramifications
prnewswire·11 hours ago
- Hims & Hers Health, Inc. stock plunged 14.73 % to close at $25.00 following a federal lawsuit filed by the FTC and co-plaintiffs on July 29, 2026. - The lawsuit alleges deceptive health data sharing with third-party advertisers and subscription billing violations under the Restore Online Shoppers' Confidence Act. - Shareholders rights firm Hagens Berman subsequently opened an investigation into the company's corporate compliance, internal controls, and financial reporting disclosures.
HIMS+13.51%HIMY0.00%
US Stocks Close: Dow Rises Over 120 Points, SOX Drops 2%; Memory Stocks Lead Losses, SanDisk Falls 3.5%, Moderna Surges 177%
TradingKey·11 hours ago
- U.S. stocks advanced as the Treasury announced increased long-term bond buybacks that drove yields lower, while Moderna surged 177 % following positive Phase 3 cancer vaccine trial results. - Major corporate developments included Amazon expanding drone delivery to nearly 500 cities, Nvidia considering an investment in Mercor, Samsung raising advanced foundry prices by up to 15 %, and Marvell partnering with Google on custom chips. - Macroeconomic updates featured the Treasury doubling long-term debt buyback caps, Federal Reserve discussions on reducing annual policy meetings, and ongoing U.S.-Canada trade talks regarding metal tariffs.
SNDK-3.50%MRNA+176.97%
Mark Zuckerberg ‘cannot be trusted’ to protect kids online
The telegraph·11 hours ago
- Former Meta engineer Arturo Béjar testified that CEO Mark Zuckerberg sidelined child safety concerns to prioritize user engagement and profits. - The testimony is part of a landmark lawsuit filed by 29 US states alleging Meta designed addictive platforms that harmed children and misled the public. - Meta has denied the allegations and criticized the lawsuit, while the ongoing trial faces potential fines of up to $1.4tn.
META+0.43%METD-0.46%
Trutankless, Inc. 2026: Revenue $538.67K, EPS ($0.02) — 10-Q Summary
TradingView·11 hours ago
FERG-0.52%HD+2.02%
AI credit spread widening is a supply story, not a default warning - strategist
MSN·11 hours ago
- Tech hyperscalers issued nearly 500 billion dollars in debt this year to fund artificial intelligence infrastructure. - This massive flood of new bonds accounts for roughly one-third of all corporate supply in the market. - Strategist Gina Martin Adams notes that the resulting credit spread widening reflects a supply dynamic rather than a default warning.
ORCL+0.71%NVDA-0.99%