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Why EchoStar’s (ECHO) Bankruptcy Filing Makes Spectrum Monetization the Core Investor Question
Insider Monkey43d agobearish
Why EchoStar’s (ECHO) Bankruptcy Filing Makes Spectrum Monetization the Core Investor Question

EchoStar Corporation (NASDAQ:ECHO) is one of the Best Telecom Services Stocks to Buy According to Analysts. The stock’s average analyst price target implies 43.18% upside, and the consensus rating is Buy. On June 30, Reuters reported that EchoStar’s Dish DBS and wireless subsidiaries filed for prepackaged Chapter 11 bankruptcy protection after a delay in the […]

Okta (OKTA) Left Russell Growth Indexes, Is The Stock Fairly Valued?
Simply Wall St.43d agobearish
Okta (OKTA) Left Russell Growth Indexes, Is The Stock Fairly Valued?

Okta (OKTA) recently dropped from several Russell growth benchmarks, a technical event that can influence index-linked flows and prompts a closer look at how the stock’s recent rally and valuation compare. See our latest analysis for Okta. Okta’s recent removal from several Russell growth benchmarks comes after a sharp upswing in momentum, with a 30 day share price return of 25.2% and a 90 day share price return of 87.3%. The 1 year total shareholder return of 52.6% and 3 year total...

TeraWulf Drops 8% Even as Analysts Raise Price Targets on $19B Anthropic Deal, IREN Falls 7%, Applied Digital Slides 6%
24/7 Wall St.43d agobearish
TeraWulf Drops 8% Even as Analysts Raise Price Targets on $19B Anthropic Deal, IREN Falls 7%, Applied Digital Slides 6%

Shares of TeraWulf (NASDAQ:WULF) are down 8% to $20.41 in Tuesday’s midday session, reversing yesterday’s rally on the Anthropic mega-deal. The drop lands in a broad AI-infrastructure pullback, with the NASDAQ 100 down 1.5% intraday. The move gives back most of the July 6 pop but leaves TeraWulf stock still up 78% year to date ... TeraWulf Drops 8% Even as Analysts Raise Price Targets on $19B Anthropic Deal, IREN Falls 7%, Applied Digital Slides 6%

Turing cuts Nvidia reliance, taps AMD for 10% of AI training
TheStreet43d agobearish
Turing cuts Nvidia reliance, taps AMD for 10% of AI training

AMD Ventures has taken a stake in Turing, a Japanese self-driving startup, and Turing has begun running part of its AI training on AMD chips instead of Nvidia’s. The deal itself is tiny. AMD hasn’t disclosed how much it invested, and Turing has never sold a car. Yet AMD shares jumped roughly 3% in ...

Bloomberg43d agobearish
Behind Xbox’s Big Layoffs, a Streaming Strategy That Failed

(Bloomberg) -- Microsoft Corp.’s Xbox spent nearly $80 billion in the last decade on deals that would give it popular video game titles like Call of Duty and Skyrim, betting that gamers would flock to its Netflix-like subscription service offering hundreds of options for endless play.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaTwo Millennium Trading Pods Made About $3.7 Billion Last MonthNasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets WrapM

SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%
24/7 Wall St.43d agobearish
SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%

Shares of SpaceX (NASDAQ:SPCX) are down 6% to $151 and change in midday trading Tuesday, an unusual response given the flood of bullish analyst initiations that hit the tape today and the company’s addition to the NASDAQ 100. The pullback appears to be dragging the broader space complex with it. AST SpaceMobile (NASDAQ:ASTS) stock is ... SpaceX Falls 6% Despite Wave of Bullish Analyst Initiations, Rocket Lab Dives 10%, AST SpaceMobile Drops 6%, Virgin Galactic Declines 5%