CA
NZ
UK
AU
IND
US
• Confirmed Nasdaq-100 Addition: SpaceX's addition to the Nasdaq-100 Index on July 7 is expected to trigger significant passive fund buying.
• Second Acquisition in Weeks: The Creative Engineers acquisition follows precision manufacturer ARMEC in June, signaling an accelerating internalization strategy.
• B. Riley Reiterates Buy at $32 Target: Analyst Harold Goetsch cited a compelling "catch-up" valuation, with shares trading at roughly 7.9x forward earnings versus an 18x peer average.
• $300 Million Buyback Mandate Approved: Shareholders overwhelmingly approved the repurchase mandate at the company's Annual General Meeting, signaling confidence in valuation.
• Evercore Upgrade to Outperform: Evercore upgraded FormFactor to Outperform with a $155 price target in early June, citing HBM4 testing leadership.
• Oppenheimer Initiates at Outperform: Oppenheimer initiated coverage with a bullish $140 price target, valuing Viasat's spectrum holdings alone at approximately $15 billion.
• Massive Revenue and EPS Beat: Revenue of $641.6 million more than doubled year-over-year, crushing the $557 million Street estimate, with adjusted EPS of $1.84 beating consensus by roughly 25%.
• Edge AI Now 80% of Business: Ambarella shipped over 42 million Edge AI SoCs across automotive, industrial, security, and robotics markets in fiscal 2026.
• BABA Compliance Unlocks Federal Projects: Ouster's Rev8 digital lidar sensors achieved Build America, Buy America compliance, unlocking eligibility for federally funded infrastructure projects.
• US-Iran De-Escalation Sparks Risk-On Rally: A broad risk-on rally followed the US and Iran agreeing to halt strikes in the Strait of Hormuz, lifting high-beta growth names broadly.
Please wait processing your request...