First Solar just got a significant upgrade in its price target from Wells Fargo, which raised its estimate to $320 per share — up from $255 — suggesting 42% upside from recent levels. The bank kept its Overweight rating on the stock and pointed to a specific, underappreciated catalyst: the outcome of a U.S. government investigation into imported polysilicon. That investigation, launched by the Department of Commerce in July 2025 under Section 232 of trade law, is expected to conclude by early August 2026 — and its result could dramatically alter the competitive landscape for domestic solar man...

Semiconductor equipment giant ASML is getting a major vote of confidence from Wall Street. Bernstein raised its price target on U.S.-listed ASML shares to $2,623 — up from $1,971 — implying roughly 48% upside from recent prices. The firm maintained its Outperform rating and cited an "unprecedented AI-driven expansion" in both advanced logic and memory capacity as the catalyst behind its significantly upgraded revenue forecasts. Shares rose 3% in premarket trading Monday following the call. At the center of Bernstein's bull case is ASML's dominance in High Numerical Aperture Extreme Ultraviole...

SpaceX's IPO on June 12, 2026 was exactly the kind of event that makes markets irrational. The stock priced at $150 per share, surged more than 40% in its first two days to above $200 — and has since fallen all the way back to $150. That round-trip has been painful for retail investors who chased the opening frenzy. But the more interesting story is what happened to the stocks that got caught in the crossfire. Before SpaceX went public, investors who wanted exposure to the space economy had to buy proxy stocks — companies like Rocket Lab (RKLB), Planet Labs (PL), and AST SpaceMobile (ASTS). T...

One of Europe's most respected value funds just rang the register on three of the hottest semiconductor equipment stocks — and their reasoning is a wake-up call for any retail investor sitting on large chip-sector gains. Vltava Fund, a Czech value-investing firm with a disciplined track record, disclosed in its Q2 2026 investor letter that it sold out of Lam Research (NASDAQ: LRCX), Applied Materials (AMAT), and KLA Corporation (KLAC) during the quarter — citing valuations that had stretched to 20x sales and 50x earnings. The move is notable given how well these stocks have performed. Lam Res...

The U.S. economy added just 57,000 jobs in June — less than half of what Wall Street expected. That number, released Thursday by the Bureau of Labor Statistics, came in far below the Dow Jones consensus of 115,000 and was a sharp drop from a downwardly revised 129,000 in May. For investors watching interest rate policy, the message is clear: the Federal Reserve is staying on the sidelines for the foreseeable future. Multiple major institutions now agree that rate hikes are off the table. Singapore's United Overseas Bank issued a note calling for "an extended period of policy pause through 202...

As artificial intelligence data centers consume ever-greater amounts of electricity, the hunt for reliable, low-carbon power sources has become one of the most urgent investment themes of 2026. Barclays has named NET Power Inc. (NYSE: NPWR) as one of its key gas power generation picks, citing the company's unique position at the intersection of surging AI energy demand and next-generation carbon-capture technology. The bank projects that annual AI capital expenditure could surpass $1 trillion before 2028 — and that massive buildout demands equally massive power generation capacity to match. N...

Legendary investor Jeremy Grantham has called for a 70% stock market crash, pointing to frothy valuations and IPO mania as warning signs. But the current earnings data tells a different story — one where real profits are growing fast enough to meaningfully support today's elevated multiples. At the center of that case is the semiconductor sector, and no name captures the moment better than Micron Technology (MU), which just guided for approximately $50 billion in revenue next quarter against a Wall Street consensus of $43.6 billion. That is not a beat — it is a completely different zip code, a...

The AI bears have been warning for two years that the $2 trillion wave of AI infrastructure spending would never generate enough revenue to justify itself. New data from Exponential View's State of the AI Economy 2026 report shows that moment of reckoning has arrived — and the bears lost. The global ex-China Generative AI economy is now producing $175 billion in annualized revenue, and for the first time, that revenue covers the depreciation on all the infrastructure built to support it. The numbers are striking. For every dollar of AI infrastructure depreciation, $1.19 in hyperscaler and neo...

Friday's jobs report headlined a drop in unemployment to 4.2% — but the real story beneath the surface is far more alarming. That decline came almost entirely because 720,000 Americans stopped looking for work in June, not because more people found jobs. The labor force participation rate — the share of working-age Americans who are either employed or actively job hunting — plummeted to 61.5%, the lowest level since March 2021. Strip out the COVID-era distortions, and it marks the lowest participation rate in exactly 50 years, matching readings last seen in June 1976. The Bureau of Labor Stat...

One of America's fastest-growing sandwich chains is heading to Wall Street. Jersey Mike's filed for an initial public offering on Thursday, July 2, aiming to list on the New York Stock Exchange under the ticker "JMKE." The filing revealed a business that has quietly built enormous scale: $4.3 billion in annual system sales in 2025, up 13% from the prior year, with cumulative same-store sales growth of 50% from 2020 through 2025. The company now has nearly 3,300 locations — making it the second-largest hoagie sandwich chain in the U.S., behind only Subway — and roughly 2,000 of those restaurant...