A soft retail sales print sets the tone this afternoon, with semiconductor equipment earnings, a fresh AI venture fund, and a cash-flow screen rounding out the read.
Retail sales are the broadest read on US consumer spending, and July's print came in softer than expected after a positive June. Watch this afternoon's consumer sentiment reading for confirmation.
Read More →Zacks screened for companies whose latest quarterly cash flow topped their five-year average, a sign of self-funded growth. Two oilfield services names lead the list, putting energy capex back in view.
Read More →Micron makes the memory chips AI servers depend on, and it just launched its largest venture fund yet aimed at AI startups. The bet is that tomorrow's AI workloads will demand far more memory.
Read More →Apple has been building out US manufacturing, and its Houston complex now hosts a supplier training center alongside AI server production. Mac mini output there is slated to begin this year.
Read More →Applied Materials sells the equipment that makes chips, and AI demand for leading-edge logic and DRAM pushed guidance above expectations. Shares slipped anyway, so watch whether packaging momentum wins buyers back.
Read More →This newsletter is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. All investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult a licensed financial professional before making any investment decision.
