Advanced Energy Industries (AEIS) is set to benefit from growing investments in AI infrastructure and advanced semiconductor manufacturing. The company aims to expand margins by increasing product content per system and leveraging innovations like its 800V DC/DC converter. Recent financial results show 26% year-over-year revenue growth and improving margins, prompting management to raise revenue and data center growth targets for 2026. The company is rated Buy with a $390 target price, contingent on achieving around $13 EPS by 2027 and gross margins exceeding 43%.
Nvidia has signed agreements with eight leading Japanese industrial companies, including Toyota, Fanuc, and Kioxia, to join its Physical AI Coalition. This move strengthens Nvidia's position in the industrial AI market and confirms $1 trillion in dem...
The hacker behind the AFX Trade exploit converted 655.4 ETH into 18.86 BTC using THORChain, a cross-chain swapping protocol. This move shifts stolen funds from Ethereum to Bitcoin, complicating tracking and recovery efforts by changing the blockchain...
Closed-end funds experienced broad weakness last week, with only 3 of 26 sectors showing positive price returns and an average price decline of 1.10%. The Real Estate sector outperformed, posting gains of 1.30% in price and 2.08% in net asset value (...
Ethereum exchange-traded funds (ETFs) led crypto fund inflows last week with $103.9 million, marking a third consecutive week of strong demand. Bitcoin ETFs saw declining inflows, dropping to $33.79 million amid two days of significant outflows. Mean...
Worldcoin's price dropped about 10% following the World Foundation's sale of 217 million WLD tokens, raising $52.5 million with a 12-month lockup on these tokens. The funds will be used to expand World ID into enterprise platforms, consumer apps, and...
