Micron Technology Overnight Rise 3.13%, Investment Bank Upgrades Rating as Storage Sector Continues Rally Market Focus $Micron Technology(MU)$ 13:43 On August 17, Micron Technology rose 3.13% overnight, trading at $1,002.42/share, with turnover of $4.04 billion. On the news front, New Street upgraded Micron Technology from Neutral to Buy, significantly raising its target price from $470 to $1,250. Meanwhile, Q2 13F filings revealed that JPMorgan listed Micron as its top buy, UBS added both Micron shares and call options among its top five purchases, and Morgan Stanley also increased its position in AI hardware chain names including Micron. The broader storage sector continued its strong momentum, with SanDisk's
Grab’s One-Off Gain And Buyback Lift Full-Year Guidance
Grab Holdings (NASDAQ: $Grab Holdings(GRAB)$ ) reported net profit of US$235 million for the second quarter of 2026 (2Q2026), up sharply from US$20 million a year ago. The jump was driven largely by non-operating items, including a US$307 million one-off gain from the consolidation of Indonesia’s Superbank in June, partly offset by a US$183 million increase in fair-value losses on financial assets and liabilities. Underlying trends were also encouraging. Revenue rose 22% year on year (YoY) to US$997 million while adjusted EBITDA climbed 54% to US$168 million, lifting the margin to 16.9% from 13.3%. On-demand gross merchandise value grew 21% to US$6.46 billion, supported by a 17% rise in monthl
GRAB Based on the latest Q2 2026 earnings report and analyst forecasts, Grab Holdings is currently delivering strong operational performance and has a positive earnings outlook, with expectations for continued revenue growth and expanding profitability. The company recently reported a record quarter and raised its full-year guidance, signaling a fundamental improvement in its business trajectory. Key Financial Performance & Forecasts Here is a detailed breakdown of Grab's performance and the consensus estimates for upcoming quarters, based on the provided data. Metric Q2 2026 (Actual) YoY Growth Q2 2026 (Estimate) Surprise Q3 2026 (Forecast) Q4 2026 (Forecast) Revenue $997M +21.7% 13 $990.8M +0.6% 9 $1.07B $1.13B EPS $0.06 +500% 9 $0.02 9 +200% 9 $0.03 $0.02 EBIT $19M +186% 3 $41
Why Meta, OpenAI, and Anthropic’s AI Security Scare May Not Be What It Seems
“Blown Out of Proportion”: Why Meta, OpenAI, and Anthropic’s AI Security Scare May Not Be What It Seems $Meta Platforms, Inc.(META)$ Story Highlights Meta, OpenAI, and Anthropic traced recent AI security incidents to the same Irregular test environment. The bigger investor risk may be tighter AI security rules and higher testing costs. Meta Platforms, Inc. , the social media giant investing heavily in AI, joined and in disclosing that an of a cybersecurity test. The incidents all point back to the same testing environment run by Israeli startup Irregular, raising fresh questions about how safely the industry can test increasingly capable AI models. The issue appears less dramatic than the idea of an AI model s
Palantir Stock Now Comes With a Catch, Says Top Investor $Palantir Technologies Inc.(PLTR)$ Until recently, Palantir () stock seemed unable to catch a break. Even strong earnings and accelerating demand for its AI software failed to generate momentum, as investors worried about potential disruption from AI labs and the stock’s lofty valuation. That changed after its latest blockbuster Q2 earnings report. Instead of falling, Palantir stock surged 37% over the following week. While that does not necessarily mean the correction is done, it could signal a shift in investor sentiment. Top investor JR Research believes the change is justified, arguing that the market is finally realizing the bear case against Palant
PALANTIR FACING RISING JUST A OVERBLOWN $Palantir Technologies Inc.(PLTR)$ Concerns about Palantir Technologies facing rising competition are likely overblown, Oppenheimer analysts Param Singh and Jake Heimowitz say. Some investors have worried that companies such as Anthropic, OpenAI and Databricks are an increasing threat to Palantir, but the analysts believe Palantir's success in the U.S. is a testament to its differentiated strength. They believe Palantir appeals to customers with more complex workloads and offers more flexibility than these competitors, which will allow it to differentiate itself. Shares are up 23%.
Gold slips as firm dollar weighs; focus turns to Fed meeting
$Gold.com(GOLD)$ $Gold - main 2608(GCmain)$ NEW YORK – Gold prices fell on July 28, pressured by a stronger dollar as markets awaited the Federal Reserve’s upcoming policy decision for clues on the interest rate outlook. Spot gold fell 0.6 per cent to US$4,051.07 per ounce by 0726 GMT (3.26pm, Singapore time) after rising as much as 1 per cent on July 27. US gold futures for August delivery lost 0.6 per cent to US$4,051.60. The dollar held near a one-month high, making greenback-priced bullion more expensive for holders of other currencies. “We’re oscillating in this narrow range between US$3,950 and US$4,200, and I think the market is just waiting for Fed signals,” said Ilya Spivak,
Nvidia Loses Top Market Spot as NVDA Stock Extends Decline
NVDA stock loses momentum as Apple regains the top valuation spot and cheaper Chinese AI models raise demand concerns. $NVIDIA(NVDA)$ $Apple(AAPL)$ Table of Contents: -NVDA stock fell below $200 as selling pressure returned across the semiconductor sector. -Apple regained the top market value position after Nvidia’s valuation declined. -Nvidia is reportedly considering $250 billion in financing guarantees for an OpenAI data-center project. -The proposed OpenAI facility could require more than $500 billion in total spending. -Cheaper Chinese AI models, including Kimi K3, raised concerns about future demand for computing power. NVDA stock fell below $200 on Monday as investors red