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SEC Delays Vote on Exemptions for Crypto Fundraising
Cryptonews3d agoneutral
SEC Delays Vote on Exemptions for Crypto Fundraising

In SEC crypto news today, the Securities and Exchange Commission canceled its August 14 open meeting, which had been scheduled to consider whether to propose new crypto-related rules. An SEC spokesperson said the meeting would be moved due to an unforeseen scheduling issue, and no replacement date was announced. What ...

Enovix (ENVX) Could Be 66% Below Fair Value As Revenue And Guidance Improve
Simply Wall St.3d agoneutral
Enovix (ENVX) Could Be 66% Below Fair Value As Revenue And Guidance Improve

Enovix (ENVX) just reported second quarter revenue of US$9.02 million, alongside guidance for third quarter revenue of US$9.0 million to US$10.0 million, highlighting continued traction in Smart Eyewear and drone or defense orders. See our latest analysis for Enovix. Despite the upbeat Q2 revenue and guidance, Enovix’s share price has been under pressure, with the latest close at US$4.43 and the year to date share price return down 43.9%, while the 1 year total shareholder return has fallen...

Amgen (AMGN) Opens New Science And Innovation Center In Hyderabad
Simply Wall St.3d agoneutral
Amgen (AMGN) Opens New Science And Innovation Center In Hyderabad

Amgen (NasdaqGS:AMGN) announced the opening of a new Science and Innovation Center in Genome Valley, Hyderabad, expanding its global research and development presence. The Hyderabad center is designed to integrate scientific capabilities with data and digital tools to support discovery and development of new medicines. This expansion adds another research hub to Amgen's global footprint and increases its geographic diversification in Asia. Amgen is not the only healthcare stock investing in...

Is Intuitive Machines (LUNR) Above Fair Value After Its $1.8B Backlog?
Simply Wall St.3d agoneutral
Is Intuitive Machines (LUNR) Above Fair Value After Its $1.8B Backlog?

Intuitive Machines stock has delivered a very strong 247.0% return over the past three years, yet its valuation checks and market multiples suggest the shares now lean expensive rather than clearly cheap. A roughly 2.5x gain over three years highlights how quickly sentiment has shifted in favor of Intuitive Machines, which raises the bar for what needs to go right from here. Large contract wins and an expanding backlog can support confidence in future revenue, but the stock still faces...

Why Roku (ROKU) Is Getting Attention Now
Simply Wall St.3d agoneutral
Why Roku (ROKU) Is Getting Attention Now

Roku (ROKU) is back in focus after reporting second quarter 2026 results that showed revenue of US$1,354.69 million and net income of US$164.22 million, alongside higher analyst earnings estimates. See our latest analysis for Roku. Roku's share price has shown firm upward momentum in 2026, with a 30 day share price return of 7.51% and a year to date share price return of 41.72%. The 1 year total shareholder return of 70.65% and 3 year total shareholder return of 94.30% point to strong longer...

Newmont (NEM) Could Be 19% Undervalued Following Its New Nevada Gold Deals
Simply Wall St.3d agoneutral
Newmont (NEM) Could Be 19% Undervalued Following Its New Nevada Gold Deals

Newmont (NEM) is back in focus after a series of Nevada deals, including a fresh earn-in on Headwater Gold’s Jupiter Project and a formalized joint venture at Spring Peak that deepen its exploration pipeline. See our latest analysis for Newmont. These Nevada agreements sit against a backdrop of a share price that has risen 20.52% over the past month and 12.81% year to date, while Newmont’s 1 year total shareholder return of 68.52% and 3 year total shareholder return above 200% point to strong...

Tesla (TSLA) Puts $10.1 Billion Into Texas Solar While Eyeing Satellite Internet Cars
Simply Wall St.3d agoneutral
Tesla (TSLA) Puts $10.1 Billion Into Texas Solar While Eyeing Satellite Internet Cars

Tesla (NasdaqGS:TSLA) announces plans for a US$10.1b "Project Crystal Sun" solar cell manufacturing facility in Texas, with thousands of new jobs flagged. The company outlines an ambition to build vertically integrated domestic solar production that feeds into its existing energy and storage products. Elon Musk proposes equipping all Tesla vehicles with Starlink satellite connectivity for global internet access on the move. The combined solar and connectivity plans point to potential new...

U.S. Futures Steady After Closing Higher
The Wall Street Journal3d agoneutral
U.S. Futures Steady After Closing Higher

The S&P 500 is on track to end the week close to a record high after a boost from slowing inflation and some AI-related stocks. On Thursday, the S&P 500 closed at an all-time high for the 27th time this year. The latest leg-up for stocks came from two inflation readings that appeared to reduce pressure on the Federal Reserve to raise interest rates in September.

Texas Data Center Moratorium: Key Meeting Friday; Watch These S&P 500 Stocks
Investor's Business Daily3d agoneutral
Texas Data Center Moratorium: Key Meeting Friday; Watch These S&P 500 Stocks

Texas Gov. Greg Abbott went from being one of the biggest boosters of data centers to becoming the second governor to impose a data center moratorium, on Aug. 3. Last November, Abbott announced a $40 billion investment in Google parent Alphabet. Recent polls show a close race for governor against state Democratic Rep. Gina Hinojosa, who has seized on public opposition to data centers.

BofA sends warning on Target stock before earnings
TheStreet3d agoneutral
BofA sends warning on Target stock before earnings

Target’s improving sales trends are giving investors more reason to believe the retailer’s turnaround is taking hold, but Bank of America still sees a difficult setup for the stock heading into second-quarter earnings. Target (TGT) is scheduled to report results on Aug. 19, and expectations have ...

Investing.com3d agoneutral
Are KOSPI and SOX in a bubble? Citi answers

Investing.com -- Citi told clients in a note on Friday that investor attention around asset bubbles has moved away from U.S. large-cap benchmarks and toward chipmakers and South Korean stocks.

Oil Refiners Power S&P 500 to Records
The Wall Street Journal3d agoneutral
Oil Refiners Power S&P 500 to Records

Old-school energy companies are joining AI stocks in pushing the S&P 500 to record highs. Refiners Marathon Petroleum and Valero Energy have posted some of the week's biggest gains, rising 20% and 15% respectively through Thursday.

Alphabet’s Early SpaceX Investment Grows More Than 100-Fold to $94 Billion
InvestorsHub3d agoneutral
Alphabet’s Early SpaceX Investment Grows More Than 100-Fold to $94 Billion

Alphabet (NASDAQ:GOOG) has generated an extraordinary paper return from its early investment in SpaceX (NASDAQ:SPCX), with its disclosed holding valued at approximately $94 billion at the end of June, more than 100 times the $900 million the Google parent invested in Elon Musk’s space company in 2015. Following SpaceX’s $86 billion initial public offering in June, Alphabet has emerged as the company’s largest individual institutional shareholder by a wide margin, according to a Reuters analysis