$Reddit(RDDT.US) | Cantor Fitzgerald maintains 𝐍𝐞𝐮𝐭𝐫𝐚𝐥 on 𝐑𝐞𝐝𝐝𝐢𝐭, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟐𝟎𝟎 𝐟𝐫𝐨𝐦 $𝟏𝟖𝟎
Analyst sees healthy near-term ad growth but awaits commentary on data licensing renewals set to expire in 1H27.
Hardik Shah
Hardik ShahSuggestions for you to follow
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: QumulusAI Orders 1,632 NVIDIA Blackwell B300 GPUs to Expand AI Cloud - $QumulusAI(QMLS.US) $NVIDIA(NVDA.US)
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐐𝐮𝐦𝐮𝐥𝐮𝐬𝐀𝐈 orders 𝟏,𝟔𝟑𝟐 𝐍𝐕𝐈𝐃𝐈𝐀 𝐁𝐥𝐚𝐜𝐤𝐰𝐞𝐥𝐥 𝐁𝟑𝟎𝟎 𝐆𝐏𝐔𝐬.➤ GPUs will be deployed across 𝟐𝟎𝟒 𝐍𝐕𝐈𝐃𝐈𝐀 𝐇𝐆𝐗 𝐁𝟑𝟎𝟎 systems.➤ Purchase marks one of the company's 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲 expansions.➤ Order funded primarily through financing from 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 and 𝐔𝐒𝐃.𝐚𝐢.➤ Expansion supports more than $𝟏𝟐𝟒 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in three-year AI inference agreements.➤ Order also includes 𝟏𝟗𝟐 𝐍𝐕𝐈𝐃𝐈𝐀 𝐑𝐓𝐗 𝐏𝐑𝐎 𝟔𝟎𝟎𝟎 𝐁𝐥𝐚𝐜𝐤𝐰𝐞𝐥𝐥 𝐆𝐏𝐔𝐬.➤ New systems support 𝐀𝐈 𝐭𝐫𝐚𝐢𝐧𝐢𝐧𝐠, 𝐢𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞, and visualization workloads.➤ QumulusAI's deployed GPU fleet grew more than 𝟒𝟓𝟎% from June 2025 to June 2026.➤ AI infrastructure demand continues to 𝐨𝐮𝐭𝐩𝐚𝐜𝐞 𝐬𝐮𝐩𝐩𝐥𝐲.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:𝐌𝐢𝐤𝐞 𝐌𝐚𝐧𝐢𝐬𝐜𝐚𝐥𝐜𝐨, CEO of QumulusAI:"Meeting AI demand today is a test of access, speed and flexibility, and you can't win on one without the other two. Our model gives us the flexibility to source across multiple OEM partners such as Supermicro and Lenovo and to deploy across a national network of colocation and owned facilities. When demand moves, we move with it. That's how 1,632 B300 GPUs go from purchase order to production at hyperspeed."
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Aerovironment(AVAV.US) AeroVironment Wins $𝟏𝟏𝟕.𝟑 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 U.S. Army P550 Drone Contract
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐀𝐞𝐫𝐨𝐕𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭 awarded a $𝟏𝟏𝟕.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 U.S. Army contract.➤ Contract covers delivery of 𝟖𝟐 𝐏𝟓𝟓𝟎 eVTOL unmanned aircraft systems.➤ Award supports the Army's 𝐁𝐚𝐭𝐭𝐚𝐥𝐢𝐨𝐧 𝐑𝐞𝐜𝐨𝐧𝐧𝐚𝐢𝐬𝐬𝐚𝐧𝐜𝐞 and 𝐋𝐨𝐧𝐠 𝐑𝐚𝐧𝐠𝐞 𝐑𝐞𝐜𝐨𝐧𝐧𝐚𝐢𝐬𝐬𝐚𝐧𝐜𝐞 programs.➤ Marks the initial 𝐟𝐮𝐥𝐥-𝐫𝐚𝐭𝐞 procurement of the 𝐏𝟓𝟓𝟎.➤ P550 offers up to 𝟓 𝐡𝐨𝐮𝐫𝐬 of all-battery endurance.➤ System carries payloads up to 𝟏𝟓 𝐩𝐨𝐮𝐧𝐝𝐬.➤ P550 supports ISR, 𝐩𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐬𝐭𝐫𝐢𝐤𝐞, electronic warfare, and communications relay.➤ Platform can be reconfigured in 𝐮𝐧𝐝𝐞𝐫 𝟓 𝐦𝐢𝐧𝐮𝐭𝐞𝐬 without tools.➤ P550 features a 𝐦𝐨𝐝𝐮𝐥𝐚𝐫 𝐨𝐩𝐞𝐧 𝐬𝐲𝐬𝐭𝐞𝐦𝐬 architecture for third-party integration.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐖𝐚𝐡𝐢𝐝 𝐍𝐚𝐰𝐚𝐛𝐢, Chairman, President and Chief Executive Officer at AeroVironment:"In today's battlespace, adaptability is no longer an advantage, it's a requirement. The P550 gives maneuver forces the ability to rapidly reconfigure, extend their reach, and deliver effects across domains, all while operating in contested environments where speed and autonomy are decisive."𝐓𝐫𝐚𝐜𝐞 𝐒𝐭𝐞𝐯𝐞𝐧𝐬𝐨𝐧, President of Autonomous Systems at AeroVironment:"need systems that can adapt at the speed of the mission," describing the P550's field reconfiguration capability as a key operational benefit.
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: AMD and Microsoft Expand Strategic AI Infrastructure Partnership - $AMD(AMD.US) $Microsoft(MSFT.US)
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐀𝐌𝐃 and 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 expand partnership across AI infrastructure and Azure.➤ Microsoft will deploy 𝐀𝐌𝐃 𝐇𝐞𝐥𝐢𝐨𝐬 𝐑𝐚𝐜𝐤𝐬𝐜𝐚𝐥𝐞 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧 for AI inference.➤ AMD expects to begin shipping 𝐇𝐞𝐥𝐢𝐨𝐬 systems in 𝐬𝐞𝐜𝐨𝐧𝐝 𝐡𝐚𝐥𝐟 𝐨𝐟 𝟐𝟎𝟐𝟔.➤ Helios integrates 𝐈𝐧𝐬𝐭𝐢𝐧𝐜𝐭 𝐌𝐈𝟒𝟓𝟓𝐗 GPUs, 𝐄𝐏𝐘𝐂 "𝐕𝐞𝐧𝐢𝐜𝐞" CPUs, Pensando, and ROCm.➤ Azure will launch new VM series powered by 𝐬𝐢𝐱𝐭𝐡-𝐆𝐞𝐧 𝐀𝐌𝐃 𝐄𝐏𝐘𝐂 "𝐕𝐞𝐧𝐢𝐜𝐞" processors.➤ 𝐀𝐌𝐃 𝐏𝐞𝐧𝐬𝐚𝐧𝐝𝐨 DPUs will power Azure networking infrastructure.➤ AMD silicon will integrate with 𝐀𝐳𝐮𝐫𝐞 𝐁𝐨𝐨𝐬𝐭 to enhance cloud networking.➤ Partnership supports AI inference, Azure AI services, and enterprise workloads.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐃𝐫. 𝐋𝐢𝐬𝐚 𝐒𝐮, Chair and CEO of AMD:"Microsoft's new AMD deployments mark an important milestone as we deliver leadership compute solutions to Azure customers."𝐒𝐚𝐭𝐲𝐚 𝐍𝐚𝐝𝐞𝐥𝐥𝐚, Chairman and CEO of Microsoft:"the performance, scale and choice they need to build and run the next generation of AI applications."
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Ondas(ONDS.US) Ondas Wins $𝟔.𝟗 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 Australian Defence Counter-Drone Order
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐎𝐧𝐝𝐚𝐬 secures a $𝟔.𝟗 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 Australian Department of Defence order.➤ Order covers 𝐃𝐓𝐈𝐌 𝐒𝐢𝐧𝐠𝐥𝐞 𝐎𝐩𝐞𝐫𝐚𝐭𝐨𝐫 𝐂𝐨𝐮𝐧𝐭𝐞𝐫-𝐬𝐔𝐀𝐒 Kits.➤ Contract awarded through partnership with Australian distributor 𝐇𝐈𝐅𝐫𝐚𝐬𝐞𝐫.➤ Deliveries will be executed by 𝐎𝐧𝐝𝐚𝐬 𝐒𝐞𝐧𝐭𝐢𝐧𝐞𝐥.➤ DTIM Kits detect drones at ranges exceeding 𝟐𝟓 𝐤𝐢𝐥𝐨𝐦𝐞𝐭𝐞𝐫𝐬.➤ Kits feature 𝐀𝐈-𝐩𝐨𝐰𝐞𝐫𝐞𝐝 drone identification and integrated mitigation.➤ System includes the 𝐃𝐫𝐨𝐧𝐞𝐛𝐮𝐬𝐭𝐞𝐫 (𝐃𝐁𝟒) handheld effector.➤ More than 𝟑,𝟎𝟎𝟎 𝐃𝐫𝐨𝐧𝐞𝐛𝐮𝐬𝐭𝐞𝐫 units have been deployed worldwide.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐄𝐫𝐢𝐜 𝐁𝐫𝐨𝐜𝐤, Chairman and CEO of Ondas Inc.:"Australia's investment in Ondas' DTIM Kits underscores the increasing global priority around counter-UAS readiness and the need for trusted, scalable technologies."𝐑𝐲𝐚𝐧 𝐇𝐚𝐫𝐭𝐦𝐚𝐧, President and CEO of Ondas Sentinel:"the order reflects demand from allied defense customers for counter-UAS capabilities that can be deployed quickly by single operators."𝐃𝐞𝐛𝐨𝐫𝐚 𝐅𝐨𝐫𝐭𝐤𝐚𝐦𝐩, Chief Strategy Officer at HIFraser:"the kits align with the needs of Australian operators in the current operational environment."
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $BitMine Immersion Tech(BMNR.US) Bitmine Reports $𝟏𝟏.𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 Holdings, Nears 𝟓% of Ethereum Supply
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ Bitmine holds 𝟓,𝟕𝟕𝟕,𝟒𝟔𝟖 𝐄𝐓𝐇, equal to 𝟒.𝟖% of Ethereum supply.➤ Company says it is 𝟗𝟔% of the way toward its 𝟓% 𝐄𝐓𝐇 goal.➤ Total crypto, cash, securities, and "moonshots" reached $𝟏𝟏.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤ Bitmine holds $𝟑𝟖𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in cash and marketable securities.➤ Company repurchased 𝟓.𝟓 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 shares under its $𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 buyback program.➤ Bitmine has 𝟒,𝟗𝟏𝟕,𝟏𝟖𝟗 staked ETH valued at $𝟗.𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤ Projected annualized ETH staking rewards could reach $𝟐𝟗𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧.➤ Bitmine owns a $𝟓𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 stake in Eightco $Eightco(ORBS.US).➤ Bitmine was added to the 𝐑𝐮𝐬𝐬𝐞𝐥𝐥 𝟏𝟎𝟎𝟎 Index on June 26, 2026.➤ Bitmine says it remains the world's largest 𝐄𝐓𝐇 𝐭𝐫𝐞𝐚𝐬𝐮𝐫𝐲.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐓𝐡𝐨𝐦𝐚𝐬 "𝐓𝐨𝐦" 𝐋𝐞𝐞, Chairman of Bitmine:"Bitmine repurchased approximately 5.5 million shares of common stock in the past week at an average price of $15.6156. We view the purchase of our common shares as accretive to shareholder value.""Over the past week, we acquired 7,430 ETH. The reduced pace of buys reflects that Bitmine repurchased 5.5 million common shares. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025.""Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine's ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $290 million on an annualized basis (using 2.67% 7-day BMNR yield).""Annualized staking revenues are now projected at $247 million. And this 4.9 million ETH is 85% of the 5.78 million ETH held by Bitmine. Bitmine's own staking operations generated a 7-day yield of 2.67% (annualized)."
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$Micron Tech(MU.US) | KeyBanc 𝐫𝐞𝐢𝐭𝐞𝐫𝐚𝐭𝐞𝐬 𝐎𝐯𝐞𝐫𝐰𝐞𝐢𝐠𝐡𝐭 on 𝐌𝐢𝐜𝐫𝐨𝐧, 𝐦𝐚𝐢𝐧𝐭𝐚𝐢𝐧𝐬 𝐏𝐓 𝐚𝐭 $𝟏,𝟕𝟓𝟎
Analyst sees better results and higher guidance driven by memory shortages, significant pricing upside, and strong HBM positioning.H
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Tempus AI to Acquire Personalis in $𝟏.𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 Deal - $Tempus AI(TEM.US) $Personalis(PSNL.US)
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐓𝐞𝐦𝐩𝐮𝐬 𝐀𝐈 will acquire 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐬 in a $𝟏.𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 transaction.➤ Personalis shareholders will receive $𝟏𝟔.𝟐𝟓 per common share.➤ Acquisition expands Tempus' 𝐦𝐢𝐧𝐢𝐦𝐚𝐥 𝐫𝐞𝐬𝐢𝐝𝐮𝐚𝐥 𝐝𝐢𝐬𝐞𝐚𝐬 (𝐌𝐑𝐃) capabilities.➤ Deal combines Personalis' MRD technology with Tempus' 𝐀𝐈 and multimodal data platform.➤ Tempus says MRD represents a $𝟐𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 market opportunity.➤ Companies have partnered since 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟐𝟎𝟐𝟑.➤ Personalis' NeXT Personal® test offers 𝐮𝐥𝐭𝐫𝐚𝐬𝐞𝐧𝐬𝐢𝐭𝐢𝐯𝐞 cancer recurrence monitoring.➤ Medicare currently covers the test in 𝐭𝐡𝐫𝐞𝐞 indications.➤ Acquisition aims to expand personalized cancer monitoring and biomarker discovery.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐄𝐫𝐢𝐜 𝐋𝐞𝐟𝐤𝐨𝐟𝐬𝐤𝐲, CEO of Tempus:“MRD is a large and rapidly growing market with the potential to truly transform how cancer patients are monitored, helping clinicians make faster and more informed decisions when cancer recurs. Through our existing collaboration with Personalis, we have already demonstrated the strength of combining highly sensitive MRD technology with our commercial infrastructure. With clinical adoption and reimbursement momentum building, we are collectively well positioned to capture this opportunity, which makes this acquisition particularly exciting."𝐂𝐡𝐫𝐢𝐬 𝐇𝐚𝐥𝐥, CEO of Personalis:“We believe this transaction represents an exciting next chapter for Personalis. Combining with Tempus gives us the scale, complementary capabilities and resources to accelerate innovation and deliver even greater value to patients, clinicians and biopharma partners. After conducting an exhaustive process, we are confident Tempus’ offer provides the most value to our shareholders and the fastest path to bringing Personalis’ industry-leading tests to patients suffering from cancer.”
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Netflix(NFLX.US) Netflix Launches Senior Notes Offering to Refinance 2026 Debt - Sec Filing
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐍𝐞𝐭𝐟𝐥𝐢𝐱 files a preliminary prospectus for a new 𝐬𝐞𝐧𝐢𝐨𝐫 𝐧𝐨𝐭𝐞𝐬 offering.➤ Notes will mature in 𝟐𝟎𝟑𝟔 with fixed semi-annual interest payments.➤ Interest payments begin in 𝟐𝟎𝟐𝟕.➤ Net proceeds will repay outstanding 𝟒.𝟑𝟕𝟓% 𝐒𝐞𝐧𝐢𝐨𝐫 𝐍𝐨𝐭𝐞𝐬 due November 15, 𝟐𝟎𝟐𝟔.➤ Remaining proceeds will support 𝐠𝐞𝐧𝐞𝐫𝐚𝐥 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 purposes.➤ Netflix had approximately $𝟏𝟒.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in total debt as of June 30, 𝟐𝟎𝟐𝟔.➤ Total debt is expected to remain approximately $𝟏𝟒.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 after refinancing.➤ Notes will rank equally with existing 𝐮𝐧𝐬𝐞𝐜𝐮𝐫𝐞𝐝 and unsubordinated debt.➤ Netflix subsidiaries had approximately $𝟔.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in liabilities.➤ 𝐁𝐍𝐏 𝐏𝐚𝐫𝐢𝐛𝐚𝐬, 𝐌𝐨𝐫𝐠𝐚𝐧 𝐒𝐭𝐚𝐧𝐥𝐞𝐲, 𝐑𝐁𝐂 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬, and 𝐖𝐞𝐥𝐥𝐬 𝐅𝐚𝐫𝐠𝐨 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 are leading the offering.
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$FuelCell Energy(FCEL.US) | Fuelcell Energy Insider Bought Shares Worth $494,967, According to a Recent SEC Filing
Homer John Livingston III completed an open market purchase of FuelCell Energy common stock on 07/16/2026. The transaction involved acquiring 26,343 shares at a price of $18.79 per share, resulting in a total transaction value of approximately $495,000.
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$SharonAI(SHAZ.US) | Compass Point 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 on 𝐒𝐡𝐚𝐫𝐨𝐧𝐀𝐈 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐈𝐧𝐜 to $𝟏𝟏𝟎 from $𝟗𝟎, maintains 𝐁𝐮𝐲
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$Alphabet(GOOGL.US) | Monness Crespi Hardt on Alphabet: 'Alphabet is well positioned to ride the digital ad trend'.
"This Wednesday (7/22), Alphabet is scheduled to report its 2Q:26 results with a call at 4:30 p.m. ET. Alphabet will be the first leading cloud service provider to report its June quarter results, providing a glimpse into trends ahead of next week’s reports from Big Cloud competitors such as Amazon (AMZN/Buy) and Microsoft (MSFT/Not Rated). Shortly after earnings, Alphabet will host Made by Google on August 12 with new Pixel innovations expected to be unveiled, including the Pixel 11 smartphone family. In our view, Alphabet is well positioned to ride the digital ad trend, build an enduring cloud business, and innovate with AI; however, competition in the AI era is dynamic, valuation is stretched, outsized capex spending is unsustainable, and the macro treacherous."
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$Datadog(DDOG.US) | 𝐂𝐢𝐭𝐢𝐳𝐞𝐧𝐬 maintains 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐃𝐚𝐭𝐚𝐝𝐨𝐠, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟑𝟏𝟏 𝐟𝐫𝐨𝐦 $𝟐𝟐𝟓
Analyst sees Datadog as a standout performer in the stronger infrastructure software subsector, despite a challenging overall software market.
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$CloudFlare(NET.US) | Citizens 𝐫𝐞𝐢𝐭𝐞𝐫𝐚𝐭𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦 on 𝐂𝐥𝐨𝐮𝐝𝐟𝐥𝐚𝐫𝐞, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟑𝟑𝟎 𝐟𝐫𝐨𝐦 $𝟐𝟕𝟎
Analyst sees infrastructure software in a far better position than applications, liking Cloudflare as a name heading into earnings.
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Morgan Stanley: 'Selloff of US memory stocks creates a compelling entry point'. - $Micron Tech(MU.US) $Sandisk(SNDK.US) $Seagate Tech(STX.US) $SK Hynix(SKHY.US) $Western Digital(WDC.US) $NVIDIA(NVDA.US) $Broadcom(AVGO.US)
"This remains an unusual memory cycle, as data center strength is the only cause – which means that as we saw in April there are mixed signals elsewhere that may be a false flag. Memory isn't the best risk reward in our coverage – which we think is NVDA/AVGO – but it's catching up fast. Memory stocks are crowded, and with the unusual nature of this cycle periods of drawdowns seem inevitable – but we are buyers on that weakness. In a cycle entirely driven by data center, there are going to be mixed signals in consumer, PC, smartphone markets, which impact spot market and inventory levels at various points; we believe that some of the anecdotes dragging the stocks down in recent days have been about those parts of the market. But we spent last week talking to several of our purchasing contacts in the data center space, and the intensity of the shortages in that part of the business show no signs of abating. We see prices up at least 25% on a like-for-like basis from 2q to 3q, above our estimates and above 3rd-party estimates. As importantly, the longerterm concerns that the memory shortage will intensify in 2027 and again in 2028 are still as strong as ever. There isn't enough memory vs. AI requirements, and we just don't see that changing...we think that the selloff in the stocks has created a strong entry point. We think that the best value in the market comes from the compute names, notably NVDA and AVGO, but memory is catching up quickly given this deceleration, and we think this should provide a good entry point for the stocks."
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Kratos Defense & Security(KTOS.US) Kratos to Manufacture Elroy Air's Chaparral Autonomous Cargo Aircraft
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐊𝐫𝐚𝐭𝐨𝐬 will manufacture 𝐄𝐥𝐫𝐨𝐲 𝐀𝐢𝐫'𝐬 Chaparral cargo aircraft in California.➤ Elroy Air recently reported a demand pipeline exceeding 𝐈,𝟒𝟎𝟎 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭.➤ Demand pipeline represents more than $𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in potential revenue.➤ First production aircraft is planned for 𝐥𝐚𝐭𝐞 𝟐𝟎𝟐𝟔.➤ Chaparral carries over 𝐈𝟓𝟎𝟎 𝐩𝐨𝐮𝐧𝐝𝐬 with up to 𝐈𝟒𝟓𝟎-𝐦𝐢𝐥𝐞 range.➤ Kratos is the exclusive 𝐔.𝐒. manufacturer for Chaparral aircraft.➤ Sacramento workforce expected to grow from 𝐈𝟒𝟓𝟎 to more than 𝐈𝟓𝟎𝟎 employees.➤ Chaparral targets both 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 and 𝐝𝐞𝐟𝐞𝐧𝐬𝐞 markets.➤ Elroy Air recently announced plans to become a 𝐩𝐮𝐛𝐥𝐢𝐜𝐥𝐲 𝐭𝐫𝐚𝐝𝐞𝐝 company.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐒𝐭𝐞𝐯𝐞 𝐅𝐞𝐧𝐝𝐥𝐞𝐲, President of Kratos' Unmanned Systems Division:“At Kratos, we have built our business around rapidly transitioning advanced unmanned aircraft from development into affordable, scalable production. Chaparral represents another example of Kratos leveraging its proven manufacturing capability, established supply chain, and experienced workforce to help bring an innovative aircraft into production at scale. As demand continues to build, our expanding Sacramento facility is well positioned to support both commercial and defense customers while creating additional high-value aerospace jobs in California.”𝐃𝐫. 𝐀𝐧𝐝𝐫𝐞𝐰 𝐂𝐥𝐚𝐫𝐞, CEO of Elroy Air:“Demand for Chaparral is accelerating across defense, rapid response and commercial logistics and meeting it requires manufacturing at scale. Partnering with Kratos lets us build American-made autonomous cargo drones right here in California, at the pace our customers need.”
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Bristol Myers Squibb Expands AI Infrastructure With Nvidia DGX Vera Rubin - $Bristol Myers Squibb(BMY.US) $NVIDIA(NVDA.US)
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐁𝐫𝐢𝐬𝐭𝐨𝐥 𝐌𝐲𝐞𝐫𝐬 𝐒𝐪𝐮𝐢𝐛𝐛 will deploy an 𝐍𝐯𝐢𝐝𝐢𝐚 𝐃𝐆𝐗 𝐒𝐮𝐩𝐞𝐫𝐏𝐎𝐃.➤ Infrastructure includes 𝐃𝐆𝐗 𝐕𝐞𝐫𝐚 𝐑𝐮𝐛𝐢𝐧 𝐍𝐕𝐋𝟕𝟐 systems.➤ Vera Rubin delivers up to 𝐈𝟎𝐱 greater performance per megawatt.➤ AI infrastructure will support research across 𝐨𝐧𝐜𝐨𝐥𝐨𝐠𝐲, 𝐢𝐦𝐦𝐮𝐧𝐨𝐥𝐨𝐠𝐲, and neuroscience.➤ BMS will develop 𝐀𝐈 𝐟𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐦𝐨𝐝𝐞𝐥𝐬 using proprietary data.➤ Platform will power 𝐚𝐠𝐞𝐧𝐭𝐢𝐜 𝐀𝐈 workflows for drug discovery.➤ BMS will use its 𝐏𝐫𝐞𝐝𝐢𝐜𝐭 𝐅𝐢𝐫𝐬𝐭 approach to guide experiments.➤ Agreement includes access to 𝐍𝐯𝐢𝐝𝐢𝐚 𝐁𝐢𝐨𝐍𝐞𝐌𝐨 and Agent Toolkit.➤ Financial terms of the collaboration were 𝐧𝐨𝐭 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐞𝐝.👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬:𝐆𝐫𝐞𝐠 𝐌𝐞𝐲𝐞𝐫𝐬, Chief Digital and Technology Officer at Bristol Myers Squibb:"BMS has made a deliberate bet on AI, and we are beginning to see it pay off in our pipeline and operations. Expanding our compute capabilities with Nvidia gives our researchers and teams across the business the scale they need to keep BMS at the leading edge of what AI can do for drug discovery and development."𝐑𝐨𝐛𝐞𝐫𝐭 𝐏𝐥𝐞𝐧𝐠𝐞, Executive Vice President and Chief Research Officer at Bristol Myers Squibb:"The goal isn't speed for its own sake; it's raising the probability that each program we advance is the right one."𝐑𝐨𝐫𝐲 𝐊𝐞𝐥𝐥𝐞𝐡𝐞𝐫, Senior Director of Business Development, Healthcare and Life Sciences at Nvidia:"The tools will allow BMS to convert its scientific data into proprietary intelligence to support molecule design and hypothesis evaluation."H
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $IREN(IREN.US) IREN Raises 2026 AI Cloud ARR Target to Over $𝟒 𝐁𝐢𝐥𝐥𝐢𝐨𝐧
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ 𝐈𝐑𝐄𝐍 raises 2026 annualized run-rate revenue target above $𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤ Previous 2026 ARR target was $𝟑.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.➤ New AI cloud contracts represent $𝟐.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in total contract value.➤ Approximately 𝐈𝟖𝟓% of the updated ARR target is under contract.➤ Recent agreements include customer prepayments covering about 𝐈𝟒𝟓% of GPU capital expenditure.➤ Customer contracts have a weighted average term of approximately 𝐟𝐨𝐮𝐫 𝐲𝐞𝐚𝐫𝐬.➤ IREN held approximately $𝟕.𝟔 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in cash as of June 30, 2026.➤ AI Cloud capacity is planned to reach 𝐈𝟒𝟖𝟎 𝐌𝐖 during 2026.➤ IREN targets 𝐈.𝟐 𝐆𝐖 of AI Cloud capacity in 2027.➤ Customer roster includes 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭, 𝐍𝐯𝐢𝐝𝐢𝐚, 𝐏𝐞𝐫𝐩𝐥𝐞𝐱𝐢𝐭𝐲, and other leading AI developers.
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$First Solar(FSLR.US) | TD Cowen reiterates 𝐁𝐮𝐲 on 𝐅𝐢𝐫𝐬𝐭 𝐒𝐨𝐥𝐚𝐫, maintains 𝐏𝐓 𝐚𝐭 $𝟐𝟓𝟑
Analyst sees the S232 polysilicon investigation and strong utility-scale demand as catalysts for higher Average Selling Prices (ASPs).
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$Nextpower(NXT.US) | TD Cowen maintains 𝐇𝐨𝐥𝐝 on 𝐍𝐞𝐱𝐭𝐩𝐨𝐰𝐞𝐫, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟏𝟏𝟖 from $135
Analyst sees another strong quarter but flags potential margin pressure from recent M&A as a key investor focus, leading to a lower price target.
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$ServiceNow(NOW.US) | 𝐂𝐚𝐧𝐭𝐨𝐫 𝐅𝐢𝐭𝐳𝐠𝐞𝐫𝐚𝐥𝐝 𝐚𝐝𝐣𝐮𝐬𝐭𝐬 𝐏𝐓 on 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐍𝐨𝐰 to $𝟏𝟒𝟏 from $𝟏𝟐𝟐, maintains 𝐎𝐯𝐞𝐫𝐰𝐞𝐢𝐠𝐡𝐭
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$Microsoft(MSFT.US) | CLSA 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 with 𝐎𝐮𝐭𝐩𝐞𝐫𝐟𝐨𝐫𝐦, sets 𝐏𝐓 𝐚𝐭 $𝟓𝟑𝟓
Analyst initiates coverage, seeing a path for a re-rating based on strong Azure growth, a large Copilot user opportunity, and undemanding valuation.