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Marvell Technology (MRVL) Valuation Check After AI Driven Earnings Beat And Multiyear Guidance Lift
Simply Wall St.93d agobullish
Marvell Technology (MRVL) Valuation Check After AI Driven Earnings Beat And Multiyear Guidance Lift

Marvell Technology (MRVL) kicked off its latest earnings season with first quarter revenue that topped analyst expectations, supported by strong demand for AI and data center chips and a higher multiyear revenue outlook. See our latest analysis for Marvell Technology. The strong AI data center story is now clearly reflected in the price, with the stock delivering a 30 day share price return of 25.59% and a 1 year total shareholder return of 208.46%, even after a one day pullback of 4.59%. If...

Intuitive Machines (LUNR) Soars 15.7% on Space Developments
Insider Monkey93d agobullish
Intuitive Machines (LUNR) Soars 15.7% on Space Developments

Intuitive Machines Inc. (NASDAQ:LUNR) is one of the 9 Stocks With Unbelievable Gains. Intuitive Machines soared by 15.72 percent on Wednesday to close at $40.34 apiece, as investors continued to load portfolios amid developments surrounding the space industry, still buoyed by SpaceX’s upcoming IPO and the National Aeronautics and Space Administration’s (NASA) ambitious Moon exploration […]

IREN Ltd (IREN) Soars 13.5% as Firm Ups ARR Outlook to $4.4B
Insider Monkey93d agobullish
IREN Ltd (IREN) Soars 13.5% as Firm Ups ARR Outlook to $4.4B

IREN Ltd. (NASDAQ:IREN) is one of the 9 Stocks With Unbelievable Gains. IREN Ltd. saw its share prices grow by 13.48 percent on Wednesday to close at $67.84 apiece, as investor sentiment was boosted by the successful acquisition of Nvidia Blackwell systems—a move expected to bolster its annualized run-rate revenues (ARR) to $4.4 billion. In […]

Ondas (ONDS) Soars 10.5% Ahead of Thursday Shareholder Meeting
Insider Monkey93d agobullish
Ondas (ONDS) Soars 10.5% Ahead of Thursday Shareholder Meeting

Ondas Inc. (NASDAQ:ONDS) is one of the 9 Stocks With Unbelievable Gains. Ondas Inc. saw its share prices climb by 10.54 percent on Wednesday to finish at $10.80 apiece, as investors positioned their portfolios ahead of its upcoming annual shareholders’ meeting. According to the company, it is scheduled to hold its stockholders’ meeting on Thursday, […]

AppLovin (APP) Climbs 10.4% on Bullish Call, PT Hike
Insider Monkey93d agobullish
AppLovin (APP) Climbs 10.4% on Bullish Call, PT Hike

AppLovin Corp. (NASDAQ:APP) is one of the 9 Stocks With Unbelievable Gains. AppLovin climbed by 10.42 percent on Wednesday to close at $567.83 apiece, as investors took heart from Morgan Stanley’s reiteration of its bullish coverage and price target, implying a huge upside potential. In a market note, the investment firm reaffirmed its overweight rating […]

Cerebras (CBRS) Climbs 10.4% as Fund Doubles Down on AI Chipmakers
Insider Monkey93d agobullish
Cerebras (CBRS) Climbs 10.4% as Fund Doubles Down on AI Chipmakers

Cerebras Systems Inc. (NASDAQ:CBRS) is one of the 9 Stocks With Unbelievable Gains. Cerebras snapped a four-day losing streak on Wednesday, jumping 10.42 percent to close at $266.90 apiece, after mirroring an investment firm’s shopping of its shares. On May 20 and 22, Cathie Wood-led ARK Invest made another round of acquisition in shares of […]

NIO Inc. (NIO) Soars 9.3% on ES9 Launch, May Deliveries in Focus
Insider Monkey93d agobullish
NIO Inc. (NIO) Soars 9.3% on ES9 Launch, May Deliveries in Focus

NIO Inc. (NYSE:NIO) is one of the 9 Stocks With Unbelievable Gains. EV-maker NIO Inc. saw its share prices jump by 9.32 percent on Wednesday to close at $5.75 apiece, as investors cheered the official launch of its newest and largest sports utility vehicle (SUV) to date. Called the ES9, NIO Inc. (NYSE:NIO) expects the […]

Discount retail giant wins as shoppers change how they spend
TheStreet93d agobullish
Discount retail giant wins as shoppers change how they spend

Retailers have spent much of the past year trying to understand what consumers want, and what they want is getting more complicated. Customers are still spending, but they are also becoming more selective. Many are looking harder for deals, cutting back on impulse purchases, and choosing value over ...

Assessing Coherent (COHR) Valuation After AI Datacenter Momentum And Earnings Beat
Simply Wall St.93d agobullish
Assessing Coherent (COHR) Valuation After AI Datacenter Momentum And Earnings Beat

Coherent (COHR) has been back in focus after reporting quarterly results that topped analyst expectations on revenue and margins, with management pointing to strong AI datacenter and communications demand and higher capital spending. See our latest analysis for Coherent. The stock has been on a strong run, with the share price gaining 18.24% over the past 30 days and 51.99% over 90 days. The 1-year total shareholder return is very large, reflecting how AI datacenter demand and NVIDIA’s stake...

Assessing Lam Research (LRCX) Valuation After AI Capex Surge And Strong Earnings
Simply Wall St.93d agobullish
Assessing Lam Research (LRCX) Valuation After AI Capex Surge And Strong Earnings

Lam Research (LRCX) is back in focus after Micron signaled heavy AI related capital spending, reinforcing expectations of tight chip supply and multi year capacity builds that feed directly into semiconductor equipment demand. See our latest analysis for Lam Research. Short term, Lam Research’s share price has cooled slightly with a 1 day share price return that declined 1.16%. However, the 30 day share price return of 22.92% and year to date share price return of 72.34%, alongside a very...

Analyst who predicted Micron rally has new message
TheStreet93d agobullish
Analyst who predicted Micron rally has new message

Shares of Micron Technology (MU) kept surging after the chipmaker posted its biggest one-day gain in more than a decade. The stock rose 3.6% on May 27, extending a massive rally after shares jumped 19.3% the previous day. Micron has now climbed roughly 77% over the past month, while the stock is up ...

$5.7 Trillion and Counting. How Much Further Can the Chip Rally Run?
The Wall Street Journal93d agobullish
$5.7 Trillion and Counting. How Much Further Can the Chip Rally Run?

The frenzied rally in chip stocks passed a new milestone on Wednesday, with the PHLX Semiconductor Index posting its best start to a year on record. Samsung Micron and SK Hynix have all climbed into the ranks of $1 trillion companies. Investors’ enthusiasm for the building-blocks of artificial intelligence helped pull the stock market out of its Iran-war slump, while raising worries that a surge this dramatic must end sometime.

Wall St posts record closing highs despite pause in AI rally
Reuters Videos93d agobullishVIDEO
Wall St posts record closing highs despite pause in AI rally

<body><p>STORY: All three of Wall Street's main indexes notched record closing highs on Wednesday despite muted gains.</p><p>The Dow climbed the most, adding more than a third of a percent, while the S&P 500 and Nasdaq ticked up marginally.</p><p>Rising healthcare and consumer stocks boosted the Dow, while investors took a pause from the AI rally.</p><p>:: Archive</p><p>And bank stocks slid after JPMorgan Chase CEO Jamie Dimon warned that expenses this year for the lender could be $1 billion higher than estimated.</p><p>Still, Jason Betz, private wealth advisor for Ameriprise Financial, points to financial stocks as primed for growth due in part to the benefits of AI.</p><p>"Where I really like the opportunity is where companies are going to be able to leverage more AI, not to cut jobs, but leverage AI to move the needle on employee productivity and push bottom line. I think financials, which have had a tough go of it, have opportunity, number one, because they are implementing more AI technologies, and number two, I think it's possible that the market is maybe sleeping on the fact that we're going to see, in all likelihood, big asset management fee revenue come in here over the coming months for these financial companies."</p><p>Among other movers, shares of Zscaler tumbled more than 31% after the cloud security firm projected fourth-quarter revenue below expectations.</p><p>Shares of Bath & Body Works jumped almost 10% after the retailer reported first-quarter sales and profit above expectations, while Abercrombie & Fitch advanced nearly 9% after posting a strong quarterly profit.</p><p>:: Marvell Technology</p><p>And shares of Marvell Technology, down 4.5% at the close, rose in extended trading after the company forecast quarterly revenue above estimates, signaling strong demand for its networking and custom silicon chips used in AI data center buildout.</p><p>:: Archive</p><p>Also on Wednesday, Goldman Sachs raised its 2026 year-end forecast for the S&P 500 to 8,000 from 7,600, citing continued strength in corporate earnings.</p></body>

Abbott (ABT) Wins FDA and EU Approval for an AI-Powered Tool That Guides Artery Stent Placement
Insider Monkey93d agobullish
Abbott (ABT) Wins FDA and EU Approval for an AI-Powered Tool That Guides Artery Stent Placement

Abbott Laboratories (NYSE:ABT) is one of the best medical technology stocks to buy right now. On April 28, Abbott Laboratories (NYSE:ABT) announced that the US Food and Drug Administration (FDA) and European regulators granted clearance and CE Mark approval, respectively, for its next-generation Ultreon 3.0 software. The software is an AI-powered coronary imaging platform designed […]

Intuitive Surgical (ISRG) Is Pushing 100 Upgrades to Its da Vinci 5 Robot Starting June
Insider Monkey93d agobullish
Intuitive Surgical (ISRG) Is Pushing 100 Upgrades to Its da Vinci 5 Robot Starting June

Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the best medical technology stocks to buy right now. On May 21, Intuitive Surgical, Inc. (NASDAQ:ISRG) announced a major round of updates to its da Vinci 5 robotic surgical system, including extended instrument use capabilities. The company said more than 100 improvements will roll out to US customers […]