Applied Materials, Inc. (AMAT) is rated Hold despite recent stock gains because its revenue and earnings growth lag behind competitors like LRCX, ASML, and KLAC. While the company shows positive signs such as gross margin expansion and improved Q2 2026 revenue guidance, much of this optimism is already reflected in the stock price. The current rally is seen as fragile and driven more by market sentiment than by strong fundamentals, raising caution for investors.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
