In Q2 2026, AMD outperformed due to strong AI data center demand boosting CPU and GPU sales, driving record revenues. Verizon shares declined amid significant restructuring charges and pressure on defensive stocks. Coca-Cola benefited from its strong global brands, extensive distribution, and disciplined revenue management, showing resilience across market cycles. Parnassus Investments exited Bio-Rad Laboratories as its valuation no longer offered an attractive risk/reward profile. The Parnassus Value Equity Fund returned 17.86%, outperforming the Russell 1000 Value Index's 13.87%.
In August 2026, AMD executives sold more than $40 million worth of company stock, including a notable $13.6 million sale by CTO Mark Papermaster. These insider sales coincided with a 17% decline in AMD's share price from its late June peak above $580...
AMD reported robust Q2 results with revenue reaching $11.5 billion, fueled by a 107% growth in its data center segment driven by strong AI compute demand. Margins improved year-over-year, reflecting better cost efficiency. The company projects Q3 rev...
Anthropic has secured a $45 billion, six-year deal to rent AI computing power from British startup Nscale, utilizing Nvidia's cutting-edge Vera Rubin chip system. This deal, starting in late 2027, adds to Anthropic's aggressive expansion of compute c...
Advanced Micro Devices (AMD) projects its Data Center revenue will more than double by 2027, with server CPU revenue growing over 70%. This growth is supported by AMD's Helios platform, which integrates MI450 GPUs, Venice CPUs, Pensando networking, a...
Anthropic has secured a $45 billion cloud computing agreement with UK-based AI infrastructure firm Nscale, renting 460 megawatts of capacity at a new data center in West Virginia. This deal, expected to be operational by the end of 2027, will use Nvi...
