Key Points Pure Storage exceeded revenue and earnings guidance for Q3 2026. The stock crashed 26% despite the earnings beat because it was trading at 233 times trailing earnings yesterday. The selloff erased gains from Pure Storage’s previous earnings report, bringing the stock back to more reasonable (though still rich) valuation levels. 10 stocks we…
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro S&P 500 (Symbol: UPRO) where we have detected an approximate $237.9 million dollar inflow — that’s a 4.9% increase week over week in outstanding units (from 41,500,000 to 43,550,000). Among the largest underlying…
In recent trading, shares of Apple Inc (Symbol: AAPL) have crossed above the average analyst 12-month target price of $173.88, changing hands for $175.08/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst…
Key Points Alphabet is the parent company of Google and artificial intelligence (AI) development studio DeepMind. Alphabet designed its own data center chips for AI workloads, and it used them exclusively to develop its new Gemini 3 AI model. Alphabet could pose a serious threat to Nvidia’s dominance in the market for AI data center…
Key Points Michael Burry of “The Big Short” fame is bearish on Nvidia and Palantir. Berkshire Hathaway added Alphabet stock to its portfolio during the third quarter. Burry’s logic might make sense for a short-term trade, but Buffett’s moves could suggest AI is here to stay for the long haul. 10 stocks we like better…
Key Points Eaton provides electric and cooling solutions and is well-positioned to benefit from the rapid expansion of data centers. The company reported a record backlog, including a notable 70% increase in orders from data centers in the third quarter. It recently acquired Boyd’s thermal business, enhancing its offerings in cooling solutions. 10 stocks we…
Key Points An unverified report claims that Intel will begin manufacturing chips for Apple. If the report proves true, the chips could begin shipping as early as the middle of 2027. 10 stocks we like better than Intel › Shares of Intel (NASDAQ: INTC) gained on Tuesday, finishing the day up 8.7%. The rise came…
Last month’s volatility brought a bit more than a 5% decline in the major indices, but the real damage occurred beneath the surface, where speculative pockets of the market corrected sharply. For now, it appears that phase of selling has passed. Amid the volatility, a few stocks held up remarkably well, most notably Alphabet (GOOGL)…
The First Trust Active Factor Large Cap ETF is seeing unusually high volume in afternoon trading Tuesday, with over 567,000 shares traded versus three month average volume of about 58,000. Shares of AFLG were off about 0.1% on the day. Components of that ETF with the highest volume on Tuesday were Nvidia, trading up about…
Looking at the universe of stocks we cover at Dividend Channel, on 12/4/25, Bentley Systems Inc (Symbol: BSY), Qualcomm Inc (Symbol: QCOM), and NVIDIA Corp (Symbol: NVDA) will all trade ex-dividend for their respective upcoming dividends. Bentley Systems Inc will pay its quarterly dividend of $0.07 on 12/11/25, Qualcomm Inc will pay its quarterly dividend…