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Apple Eyes Blacklisted Chinese Chips as Memory Shortage Hits Prices

Apple NASDAQ:AAPL is reportedly in talks to purchase memory chips from Chinese semiconductor makers CXMT and YMTC as the company looks for ways to ease pressure from a global memory shortage. The discussions are still ongoing, and no final decision has been made, according to people familiar with t…

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Stocks US
zacks

META's Bets on Privacy to Expand WhatsApp's Growth: What's Ahead?

Meta Platforms META is focusing on strengthening privacy across its platforms, including Facebook, WhatsApp and Instagram. The latest announcement of introducing WhatsApp usernames strengthens META’s long-term strategy of making its messaging ecosystem more privacy-centric while lowering one of the…

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Stocks US
zacks

Should Investors Buy Allegiant Stock Post Bullish Q2 Guidance?

On June 30, 2026, Allegiant Travel Company (ALGT) unveiled an updated second-quarter 2026 guidance, stating that post the completion of the acquisition of Sun Country Airlines on May 13, 2026, the combined company is likely to have a collective impact on the second-quarter results from the date of…

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Stocks US
zacks

Should You Buy, Sell, or Hold TER Stock After a 38% Rise in 3 Months?

Teradyne TER shares have soared 38% in the trailing three-month period, outperforming the Zacks Computer & Technology sector’s decline of 26%.The company’s shares have also outperformed its peers, which include Advantest Corporation ATEYY and Vertiv VRT. These companies are also expanding their foo…

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Stocks US
zacks

UVE Stock Outperforms Industry, Trades Near 52-Week High: Time to Exit?

Shares of Universal Insurance Holdings, Inc. UVE have rallied 66.3% in the past year, outperforming the industry’s growth of 3.7%. Its share price closed at $42.24 on Wednesday and reached a 52-week high of $42.64, reflecting investor confidence.UVE’s rally has been driven by improving underwriting…

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Stocks US
globenewswire

GENFIT Announces U.S. Medicare Coverage and Future Reimbursement for NASHnext®, a Non-Invasive Diagnostic Technology to Identify Patients with At-Risk MASH

Lille (France), Cambridge (Massachusetts, United States), Zurich (Switzerland), July 2, 2026 - GENFIT Euronext:GNFT, a biopharmaceutical company dedicated to improving the lives of patients with rare and life-threatening liver diseases, today announced the coverage and future reimbursement by U.S…

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Stocks US
zacks

Should You Buy, Sell, or Hold Astera Labs Stock at 40.16X PS?

Astera Labs ALAB stock is trading at a premium, as suggested by the Value Score of F.In terms of the forward 12-month Price/Sales, ALAB is trading at 40.16X, higher than the Computer & Technology sector’s 6.62X.ALAB ValuationAstera Labs shares have surged 158.4% in the year-to-date period, outperfo…

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Stocks US
gurufocus

SoftBank Launches New AI Compute Push

SoftBank (SFTBY) is setting up a new U.S. company called SB Neo to offer AI compute services as demand for training and inference capacity keeps rising.SB Neo will be established this month, with SoftBank Corp. owning 51% and SoftBank Group holding 49%. The company plans to launch neocloud services…

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Stocks US
zacks

How to Play American Eagle Stock After a 35% Plunge in 6 Months?

American Eagle Outfitters, Inc. AEO, a prominent player in the retail apparel and shoes sector, has seen its shares plunge 35.1% in the past six months, underperforming the Zacks industry’s decline of 7.8%. The stock has also underperformed the broader sector’s 1.4% decline and the S&P 500 Index’s…

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Stocks US
gurufocus

Good News For Tesla Stock Investors

Tesla NASDAQ:TSLA is no longer facing a federal investigation into reports of unexpected vehicle deceleration after U.S. auto safety regulators concluded the issue posed a limited risk.The U.S. National Highway Traffic Safety Administration (NHTSA) closed its review of about 695,000 Model 3 and Mod…

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Stocks US
gurufocus

Super Micro Faces Export-Control Scrutiny in Taiwan

Super Micro Computer (SMCI, Financials) said two employees at its Taiwan unit have been detained pending a court hearing, while two others were released on bail after questioning by Taiwanese prosecutors.The investigation centers on the alleged illegal export of advanced AI servers containing Nvidi…

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Stocks US
gurufocus

Alphabet Faces $4.7 Billion Antitrust Setback

Alphabet Inc. (GOOG, Financials) lost a major appeal in Europe after the European Union's top court upheld a 4.1 billion, or $4.7 billion, antitrust fine tied to Google's Android operating system.The case centered on findings that Google abused Android's market dominance. EU regulators argued the c…

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Stocks US
zacks

Adobe Bets on Topaz Labs to Expand Firefly AI Ecosystem: What's Ahead?

Adobe ADBE has been leveraging AI to boost top-line growth. The acquisition of Topaz Labs strengthens Adobe’s AI strategy by adding image and video enhancement technology to its growing Firefly ecosystem. The deal complements Adobe’s broader vision of becoming the AI platform of choice for creators…

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Stocks US
stockstory

Rivian (RIVN) Shares Skyrocket, What You Need To Know

What Happened? Shares of electric vehicle manufacturer Rivian NASDAQ:RIVN jumped 10.2% in the morning session after the company reported stronger-than-expected second-quarter vehicle deliveries and raised its full-year forecast.Rivian produced 12,613 vehicles and delivered 12,194 in the quarter end…

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Stocks US
prnewswire

Caterpillar Invests in the Future of Texas' Manufacturing Workforce

IRVING, Texas, July 2, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) today announced the launch of its workforce commitment in Texas, marking another meaningful step in its five-year, $100 million Building the Future Workforce Initiative. With an initial allocation of up to $5 million, the fundi…

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Stocks US
NEWS prnewswire

Coway Launches Airmega Mighty2, Earns iF and Red Dot Design Awards 2026

The next-generation version of Coway's best-selling Airmega Mighty combines award-winning design with top performance recognition from WirecutterLOS ANGELES, July 2, 2026 /PRNewswire/ -- Coway, the leading wellness tech company, today announced that its new flagship air purifier, the Airmega Mighty…

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Stocks KRUS
zacks

Does Innodata's 47% Margin Signal Stronger AI Economics?

Innodata's INOD first-quarter 2026 results suggest that its improving profitability reflects more than just strong demand for AI services. The company delivered an adjusted gross margin of 47%, well above its long-term 40% target, alongside 54% year-over-year revenue growth. Management attributed t…

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Stocks US