Nasdaq 100 Falls as Hot PCE Inflation Stirs Rate-Hike Bets: Stock Market Today
Nasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
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Super Micro's gross margin nearly doubled even as revenue landed at the low end of guidance, raising questions on AI infra valuations.
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Nasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
Read original at benzingaArista Networks and Palantir Technologies represent two different paths in the AI and data infrastructure space. Arista provides high-speed networking hardware with strong fundamentals (39% net margins, zero debt, $4.3B free cash flow) but trades at 50.6x forward P/E. Palantir offers data analytics software with accelerating growth (93% YoY revenue growth, mid-50s net margins) but commands a premium 112.7x forward P/E. While Palantir's recent performance strengthens its valuation case, Arista remains the steadier, more conventionally attractive investment for risk-averse investors.
Read original at the-motley-foolNvidia stock is the top stock gainer over the last 10, 15 and 20 years. Here's who beats the stock in five-year gains.
Read original at benzingaDell Technologies is positioned for strong earnings growth driven by surging AI infrastructure demand. The company achieved record Q1 revenue of $43.8 billion (88% YoY growth) and holds a record $51.3 billion AI server backlog. With hyperscalers like Meta and Microsoft spending heavily on data centers, Dell's Q2 earnings announcement on Sept. 1 could exceed guidance, potentially driving the stock higher.
Read original at the-motley-foolDell Technologies shares are in focus Thursday with earnings due, analyst activity, 200‑day average nearly 95% above trend and Edge Rankings.
Read original at benzingaDell Technologies Inc (NYSE:DELL) shares are trading higher on Wednesday after UBS raised its price target on the stock to $455 from $440, adding to a string of recent analyst target increases. Here's what you need to know.
Read original at benzinga