The S&P 500's earnings forecast remains strong, with Q4 earnings per share expected to grow over 23%, supported by ongoing upward revisions. While AI-driven job losses are a concern, they are balanced by job augmentation, suggesting no widespread employment crisis or tech collapse. Technical indicators warn of possible market pullbacks but not a full bear market, prompting a likely sector rotation from semiconductors to undervalued software stocks. Investors are advised to watch for strategic reallocation opportunities rather than panic selling.
Cerebras Systems, now a $60 billion public company, nearly failed in 2019 after burning $200 million trying to solve a unique technical challenge: creating a single giant AI chip from an entire silicon wafer. The company’s founders believed this appr...
Meta Platforms increased its 2026 capital expenditure forecast to $125-145 billion, up from $115-135 billion, primarily due to rising component costs like memory pricing. CEO Mark Zuckerberg explained that higher prices for hardware components from s...
Microsoft shares jumped 4% on Friday while other major tech stocks, especially chipmakers and crypto-related names, declined amid profit-taking. Despite being the biggest mega-cap laggard this year, Microsoft’s strong Q3 earnings, driven by 40% Azure...
The Philadelphia Semiconductor Index has risen about 64% since late March, fueled by strong gains in AI-related chip stocks. Intel, Advanced Micro Devices, Micron Technology, and SanDisk all reported impressive earnings and revenue growth, particular...
Semiconductor stocks Intel, AMD, and NVIDIA fell Friday after sharp multi-week gains, with Intel leading a selloff down 8%. The pullback follows strong rallies fueled by AI demand and solid earnings, including Intel's impressive Q1 results and AMD's ...
