Benzinga Bulls and Bears: Nvidia, CrowdStrike, Intuit
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
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Micron stock slips as investors balance surging AI memory pricing and $1T industry forecasts against profit-taking and semiconductor tariff risks.
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Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Read original at benzingaThe bull market remains fundamentally strong despite elevated valuations and seasonal election volatility risks. Two major liquidity engines—extraordinary AI capital spending (projected at ~$1 trillion by 2027) and expansionary federal deficit spending (~$1.9 trillion in 2026)—are driving robust economic growth and corporate earnings. Earnings growth is broadening beyond mega-cap tech companies, with S&P 500 companies (excluding Micron and Alphabet) showing 21.5% earnings growth. While midterm election seasonality historically creates 8.1% average drawdowns, the fundamental backdrop suggests any weakness would present buying opportunities.
Read original at zacks-investment-researchKevin Warsh reignites rate-hike bets, Nvidia posts its best day since April, and CrowdStrike prints the biggest gain in its history.
Read original at benzingaLeopold Aschenbrenner's Situational Awareness hedge fund collapsed in late July due to over-leveraged AI stock bets, forcing the sale of over $10 billion in holdings. However, the fund's top five AI stocks—which include memory chip makers, energy suppliers, and semiconductor manufacturers—remain attractive investments despite being down double-digits from Q2 levels, offering a balanced portfolio exposure to key AI sector components.
Read original at the-motley-foolBroadcom stock fell on Friday as potential semiconductor tariffs sparked fresh supply chain concerns across AI data center infrastructure ahead of its Q3 earnings.
Read original at benzingaMarvell Technology stock fell nearly 8% premarket as clarification around its Google deal and rich valuations outweighed a strong Q2 earnings beat and raised outlook.
Read original at benzinga