LongPort - 最新资讯

SpaceX: AI cash burn persists—Is 'space compute supremacy' the ultimate play?

Dolphin Research

SpaceX is making its costliest bet ever

Horizon Robotics HSD V2.0 Gets Major Upgrade; Meituan Debuts Open-Source Trillion-Param LLM LongCat-2.0 | Daily News Recap

Dolphin Research

0630 | Dolphin Research Focus: 🐬 Macro/Industry 1) The National Bureau of Statistics reported this morning that Jun manufacturing PMI was 50.3, up 30bps MoM and back in expansion.

The production index printed 51.4 and new orders 51.2, both improving.

Sentiment recovered among large and mid-sized firms, with high-tech manufacturing PMI leading at 53.5.

Only small and micro firms remained in contraction, while input costs continued to decline.

The data validate marginal supply-demand improvement in domestic manufacturing, a positive for sentiment in high-end manufacturing and the equipment sector.

However, the recovery in domestic demand remains uneven...

Nvidia Stock Has Underperformed the Semiconductor Sector in 2026. Will It Skyrocket in the Second Half?

Motley Fool

Nvidia's stock has underperformed the semiconductor sector in early 2026 despite strong AI demand. The company is set to ship next-generation Vera Rubin chips, with a $1 trillion order pipeline and expected price increases boosting margins. Analysts project an 88% earnings growth for fiscal 2027. With a P/E ratio of 29 compared to the sector's 75, Nvidia is considered undervalued, suggesting potential for significant upside in the second half of the year.

SOFI Has Plenty of Red Flags — Is the Premium Justified?

Dolphin Research

In Part I, we unpacked SoFi's business framework and identified its growth engines: expansion of the Loan Platform Biz. (LPB) and the revival of student lending.

In Part II, guided by Muddy Waters' short case, we surfaced several 'hidden wounds' — shifting credit losses on/off balance sheet to manage the NPL ratio, profit inflation from fair value accounting, and equity dilution.

Put together, a somewhat contradictory picture emerges: despite inherent flaws under constant market scrutiny, SoFi still spiked to a $42bn market cap in H2 2025...

XPEV MONA L03 set for Jul 2 debut; Kunlunxin reportedly seeking $50bn IPO, topping BIDU | Daily News Recap

Dolphin Research

Jun 29 | Dolphin Research Focus: 🐬 Macro/Industry

1) Per U.S. officials, the U.S. and Iran agreed to pause reciprocal strikes, with talks to resume on 6/30 in Doha, Qatar, shifting the focus from the nuclear file to safe passage through the Strait of Hormuz. The session originally slated for Switzerland was relocated amid an escalation.

Recent attacks on merchant shipping in the strait had pushed up oil prices and inflation expectations. The current pause should ease the geopolitical risk premium near term, a positive for global growth stocks.

That said, core disputes over the nuclear issue and U.S. troop deployments in the Middle East remain unresolved, leaving any truce fragile. If the Doha talks reach a transit consensus, the energy sector likely stays under pressure while consumer and tech valuation recovery continues; if talks break down...

Google Stock Is Down Double Digits. Warren Buffett and Greg Abel Aren't Worried -- and Here's Why You Shouldn't Be Either.

Motley Fool

Despite Alphabet's stock dropping double digits due to high AI capex, $80B equity raise, and key executive departures, Warren Buffett and successor Greg Abel remain confident. Abel tripled Berkshire Hathaway's stake, viewing the decline as a buying opportunity consistent with Buffett's contrarian philosophy. The article argues that strong cloud backlog, search growth, and Waymo leadership make Alphabet a solid long-term investment.

Nvidia's Next $1 Trillion Opportunity May Have Nothing to Do With GPUs

Motley Fool

Nvidia's next trillion-dollar growth opportunity lies in AI networking, not just GPUs. The company is expanding its portfolio with InfiniBand, Spectrum-X switches, and BlueField DPUs to optimize data center performance. Strategic investments of $2 billion each in Coherent, Lumentum, and Marvell strengthen its end-to-end optical and electrical networking capabilities. This positions Nvidia as a provider of complete AI infrastructure solutions, potentially driving earnings beyond current market expectations.

Tesla Reports Q2 Deliveries in a Matter of Days. Here's the Number That Matters.

Motley Fool

Tesla is set to report Q2 vehicle deliveries in early July, with the year-over-year growth rate being the key metric. Wall Street expects around 406,000 deliveries, which would mark two consecutive quarters of growth and signal a recovery from 2025's decline. Strong performance in Europe and China may offset softness in the U.S., where tax credits expired. While investors value Tesla for its autonomous driving ambitions, robust auto sales are crucial to justify its high valuation.

Micron is about to be more profitable than any U.S. company except Nvidia and Google

Dow Jones

Micron Technology is projected to become the fifth-most profitable company in the S&P 500 this year, trailing only Nvidia, Alphabet, Microsoft, and Apple. Driven by surging demand for AI memory chips and significant price hikes, Micron's operating income has skyrocketed. Analysts note that hyperscalers are locking in long-term supply agreements to secure capacity, which may sustain high margins but limit future pricing growth. Despite a low forward P/E ratio, Micron remains a key beneficiary of the AI infrastructure boom.

This Nvidia-Backed Artificial Intelligence (AI) Infrastructure Stock Has Multibagger Potential. It Is Trading at an Incredibly Attractive Valuation Right Now

Motley Fool

CoreWeave, an AI infrastructure provider backed by Nvidia, is highlighted for its multibagger potential due to a $99.4 billion backlog and triple-digit revenue growth. With major contracts from hyperscalers and AI firms, CoreWeave aims to expand data center capacity significantly. Despite high interest expenses from debt financing, the stock trades at an attractive valuation relative to its growth trajectory, with analysts projecting substantial future revenue increases.

The Federal Reserve Has New Rules for Stablecoins. Circle Could Be The Biggest Winner

Motley Fool

The Federal Reserve's proposed stablecoin rules, requiring identity verification and anti-money laundering compliance, may benefit Circle (CRCL). While initially seeming restrictive, these regulations strengthen USD Coin's position against competitors like Tether by enhancing trust in the U.S. market. This regulatory clarity supports Circle's bank charter application and growth prospects, with analysts projecting doubled revenue and EBITDA through 2028.

The Billionaire Who Sold Nvidia Too Early Just Bought 196,000 Shares of Broadcom -- Here's the Thesis Behind the Rotation

Motley Fool

Billionaire Stanley Druckenmiller recently purchased 196,000 shares of Broadcom (AVGO) at an average price of $330, marking a new position in Q1 2026. This move follows his earlier sale of Nvidia shares, which he admitted was a mistake as Nvidia's stock surged. Druckenmiller's investment thesis likely centers on Broadcom's dominance in AI inference ASICs, with AI chip sales expected to grow fivefold by fiscal 2027. The trade highlights a rotation towards companies benefiting from the shift in AI demand from training to inference.

2 Dividend Stocks to Buy Even as New Fed Chair Kevin Warsh Holds Interest Rates Steady

Motley Fool

Following the Federal Reserve's decision to hold interest rates steady, investors are advised to consider high-yield dividend stocks like Sirius XM and Upbound. Sirius XM benefits from stable rates by avoiding reduced car sales, while its strong free cash flow supports a 3.8% yield. Upbound offers a higher 7.6% yield and low valuation, appealing to income investors despite debt risks, as steady rates help protect its vulnerable customer base from increased borrowing costs.

AGNC Investment's More Than 13.5% Yield Just Got a New Headwind From the Fed

Motley Fool

AGNC Investment faces a new headwind as the Federal Reserve hints at potential rate hikes due to persistent inflation, contrary to earlier expectations of cuts. This shift pressures Agency MBS values, impacting AGNC's portfolio. Despite this, AGNC maintains its high dividend yield by issuing stock at a premium to book value to fund accretive investments, though the changing rate environment increases risk for income investors.

Tesla Completes Key AI Chip Milestone in Its Push Beyond the Auto Industry

Motley Fool

Tesla completed the tape-out of its AI5 chip, a critical milestone for expanding beyond electric vehicles into humanoid robots (Optimus) and self-driving Cybercabs. The new chip offers a 40x performance boost over previous generations, designed to provide cost advantages through vertical integration. Tesla plans to manufacture these chips via Samsung and TSMC initially, with future long-term goals including building its own semiconductor facility, Terrafab, in Texas alongside SpaceX and Intel.

Where Will Nvidia Stock Be in 2030?

Motley Fool

Nvidia stock faces uncertainty regarding AI spending peaks and rising competition from tech giants designing in-house chips. While demand remains strong with significant capital expenditure by major cloud providers, potential margin compression and cyclical slowdowns pose risks. Analysts project a wide range of outcomes for 2030, with optimistic scenarios suggesting high-single to low-double-digit annual growth, while pessimistic views warn of stagnation if spending slows or pricing power erodes.

Nvidia Owns This Under-the-Radar $20 Stock Poised to Disrupt a $1.8 Trillion Market

Motley Fool

Nvidia's venture capital arm, NVentures, has acquired an $13 million stake in Generate Biomedicines (GENB), a pre-profit biotech firm developing an AI platform for drug discovery. This investment highlights Nvidia's interest in AI-driven pharmaceutical innovation, which aims to reduce the high costs and failure rates of traditional drug development. Generate Biomedicines competes with other firms like Recursion Pharmaceuticals in the rapidly growing AI drug development market.

Kevin Warsh Just Suggested the Fed May Bring Down the Hammer on Inflation. Could It Spell Trouble for Wall Street?

Motley Fool

New Fed Chair Kevin Warsh signaled a hawkish stance to combat rising inflation, which hit 4.2% last month. The FOMC unanimously committed to price stability, suggesting potential interest rate hikes that spooked markets, causing the S&P 500 to drop 1.2%. Higher rates may benefit banks but hurt growth stocks and AI capital projects, prompting investors to rebalance portfolios.

Micron's Explosive Earnings Report: The 1 Mind-Boggling Number You Won't Want to Miss. (Hint: It Beats Nvidia.)

Motley Fool

Micron Technology reported explosive earnings, with revenue jumping to $41 billion and net income to $28 billion. A standout metric is its gross margin exceeding 84%, surpassing Nvidia's 74%. Micron forecasts an 86% gross margin for the current quarter, driven by high demand for AI memory products like HBM. The company remains a key beneficiary of the AI boom, benefiting from supply constraints and robust profitability.

JPMorgan Chase Pairs a 10% Dividend Hike With a New $50 Billion Buyback After Clearing the Fed's Stress Test

Motley Fool

JPMorgan Chase passed the Federal Reserve's 2026 stress test, enabling a 10% dividend hike to $1.65 per share and authorizing a new $50 billion share buyback program. The bank joined other major lenders in returning capital to shareholders following the successful regulatory assessment.

Here's How Much You'd Have Today If You Had Invested $10,000 in Tesla the Day Before It Completed Its Last 3-for-1 Stock Split.

Motley Fool

A $10,000 investment in Tesla the day before its August 2022 stock split is now worth only $12,800, significantly underperforming the S&P 500's 77% gain over the same period. Despite pre-split optimism driven by strong earnings and EV adoption, Tesla has faced fierce competition, shrinking profit margins, and brand damage linked to CEO Elon Musk's political activities. The company's recent financial struggles and heavy investments in speculative ventures like robotics and autonomous driving explain this dramatic underperformance.

Could This Be Amazon's Next Big Opportunity?

Motley Fool

Amazon is exploring selling its custom Trainium AI chips, a potential standalone business with a $50 billion annual run rate. This move aims to capitalize on the AI boom by offering cost-effective alternatives to Nvidia GPUs. The article highlights Amazon's strong performance in cloud computing (AWS), advertising, and e-commerce, citing robust revenue growth and margin improvements as key drivers for investment.

Apple raised prices on iPads, Macs, HomePod, and Apple TV

Cryptopolitan

Apple raised prices on iPads, Macs, HomePod, and Apple TV due to surging memory chip costs driven by AI demand. CEO Tim Cook warned this was inevitable as component price hikes became too steep to absorb. The increase affects various models, with the cheapest MacBook rising from $599 to $699. Apple's stock dropped 6% following the announcement, while analysts predict iPhone prices may also rise soon. Micron has locked in high prices for years via strategic agreements, citing structural supply constraints.

PCE Inflation Reached Its Highest Level in 3 Years. Here’s What Investors Need to Know.

Motley Fool

The latest PCE inflation report indicates prices rose at their fastest pace in three years, with the annual index up to 4.1%. Despite this surge, investors remained largely unconcerned as the S&P 500 stayed flat, focusing instead on tech earnings and memory shortages. While oil prices have declined due to geopolitical developments, uncertainty remains regarding future interest rate decisions by the Federal Reserve under new leadership.

Elon Musk Just Lost His Trillionaire Status, as SpaceX and Tesla Stocks Plummet. Should Investors Buy the Dip?

Motley Fool

Elon Musk lost his trillionaire status as SpaceX and Tesla stocks plummeted, reducing his net worth to $946 billion. SpaceX's recent historic IPO faced volatility after a bond sale announcement caused a 16% stock drop, with projections of negative free cash flow until 2031. Meanwhile, Tesla struggles with tightened margins and sales declines despite growth in energy and robotics ventures. Investors are assessing whether these dips present buying opportunities amid expected continued volatility.

All Banks Crushed the Fed's Stress Tests This Year, and Some Truly Excelled

Motley Fool

All 32 banks and financial institutions passed the Federal Reserve's annual stress tests, demonstrating resilience against severe hypothetical economic scenarios. Charles Schwab led with a stressed ratio over 32%, followed by UBS Americas, Deutsche Bank USA, and TD Group. The results indicate large banks are well-positioned to weather a recession. Consequently, investors may see share price bumps and significant dividend increases or buybacks as banks utilize excess capital buffers.

MU Surges After Earnings Selloff; QCOM Pushes Into AI Data Centers, Aiming to Take Share From NVDA | Daily News Recap

Dolphin Research

0625 | Dolphin Research Focus: 🐬 Stock 1, $Qualcomm(QCOM.US) Qualcomm unveiled the Dragonfly C1000 CPU and AI300 accelerator, with mass production slated for 2028. It has secured orders from Meta and other hyperscalers, and guided 2027 data-center revenue to $5bn.

Qualcomm moving into Nvidia's turf looks inevitable; the key differentiator is power efficiency. Amon noted that 'the bottleneck for cloud providers has shifted from chip cost to power,' a sweet spot for mobile SoC houses built over the past two decades...

Will Nvidia Continue to Dominate in AI? This One Number Offers a Strikingly Clear Answer.

Motley Fool

Nvidia maintains its dominance in the AI chip market, evidenced by its technology powering 81% of the world's top 500 supercomputers. Despite increasing competition from rivals like AMD and customer-designed chips, Nvidia's strong financial performance, with Q1 revenue up 85%, and its expansion into CPUs support its leadership position. This data suggests Nvidia remains the preferred choice for high-performance computing, benefiting long-term investors.

QCOM (Trans): From chipmaker to platform solutions co

Dolphin Research

Below is Dolphin Research's Trans of QCOM 2026 Investor Day. Key financial highlights are as follows.

Shareholder returns: $40 bn returned to shareholders over the past five years, and 30% of shares repurchased and retired over the past decade. Looking ahead, dividend growth will stay in the low to mid single digits, with most FCF returned to shareholders.

Financial targets were materially raised. The FY29 non-handset revenue target was lifted to $40 bn from $22 bn set 18 months ago, nearly doubling...

TCOM (Trans): Aims to serve 10x inbound travelers within 5 yrs

Dolphin Research

Below is Dolphin Research's Trans of the FY26 Q1 earnings call for $Trip.com(TCOM.US). For the earnings analysis, please see 'Before the regulatory crackdown hits, does Trip.com have one last leg down?'

I. Core info recap 1) Core financials: Q1 FY26 total net revenue was RMB 16.2bn (+17% YoY), slightly above market expectations (RMB 15.8bn; ~2% beat). Non-GAAP diluted EPS per ADS was RMB 5.73 (~$0.83). As of Mar 31, 2026...