David Tepper’s Appaloosa Exits SanDisk, Rotates Into Broadcom and Nvidia
David Tepper's Appaloosa Management sold its entire SanDisk stake in Q2 2026 and initiated a new position in Broadcom, according…
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Amazon Trades at 23x Forward Earnings Despite 37% AWS Growth, 24/7 Wall St. Says
Amazon shares trade at $259.39, a forward earnings multiple of 23 that 24/7 Wall St. calls closer to a mature…
Navitas Semiconductor Sinks 10.3% as Fabrinet’s Report Spooks AI Hardware Investors
Navitas Semiconductor shares fell 10.3% this week, pulled down not by its own news but by investor jitters after AI…
Target’s Q2 Earnings Beat Estimates as Turnaround Gains Traction
Target's second-quarter results beat estimates, helped by a nearly $1 billion tariff refund. Even without that one-time boost, adjusted earnings…
Alphabet and Amazon’s AI Spending Boom Fuels Nvidia, Broadcom, Micron, and Sandisk
Alphabet expects to spend $195 billion to $205 billion on AI infrastructure in 2026, and Amazon expects to spend around…
