CRWV

Micron Technology has become a key artificial-intelligence trade bellwether. Now analysts are trying to game out what peak earnings will look like for Micron if the AI cycle continues. A Trivariate Research analyst team, led by Adam Parker, on Thursday called Micron “the most important stock in the market,” writing that shares of the memory-chip maker have become a “proxy for the AI cycle and risk-taking.”

Investing.com -- B. Riley is framing this week's second-quarter earnings reports from ASML and TSMC as "tone-setting" for the entire semiconductor and semiconductor capital equipment sector, arguing that a $880 billion surge in AI infrastructure spending has arrived roughly 12 months ahead of the firm's prior forecasts. The firm's comments makes clear that results and guidance from both companies carry outsized signal value for the broader chip supply chain. The core of B. Riley's thesis rests on an acceleration in hyper-scale AI capital expenditure that has outpaced the firm's own projections. CY26 guidance from the major hyper-scalers has jumped to approximately $695–725 billion, a level B. Riley had previously assigned to CY27. When Oracle's roughly $90 billion commitment is added alongside neo-cloud players CoreWeave ($31–35B) and NBIS ($20–25B), B Riley's CY26 total AI capex estimate rises to approximately $880 billion, with CY27 potentially crossing $1.02 trillion. That spending surge carries direct implications for TSMC's upcoming guidance. B. Riley suspects that if TSMC reclassifies CPUs into its high-performance computing AI accelerator taxonomy, CY26 headline sales could be guided up 500 basis points to growth of +35% year-over-year. "We think there is a higher likelihood for TSMC to further lift its revenue growth target for 2026 and long-term revenue CAGR given sustained leading-edge demand and improving visibility in the longer term," Citi analysts said in their preview note. The catalyst for that potential reclassification is agentic AI's rising CPU orchestration intensity, which B. Riley notes is sharply lifting the x86 and ARM server total addressable market to an AMD-estimated $120 billion by 2030, representing a 35% CAGR. NVIDIA's Vera CPU alone carries approximately $20 billion in CY26 revenue visibility, the firm adds. "If TSMC adds CPUs into its HPC AI accelerator taxonomy, we suspect CY26 headline sales could guide up 500bps to +35% YY," analysts wrote. On the capital equipment side, B. Riley believes CY26 industry wafer fab equipment spending has moved solidly above the $140 billion-plus levels cited by KLA Corp and Lam Research, and suspects CY27 could approach $170 billion-plus. TSMC's own capex is expected to come in above the Street consensus of $55.6 billion for CY26, with CY27 spending seen rising a further 15%-plus on top of tha...

Oracle Corporation (NYSE:ORCL) was among Jim Cramer’s stock calls on Mad Money, as he highlighted the AI opportunities in neoclouds. Cramer highlighted the future valuation of the company according to some analysts, as he said: Photo by Adam Nowakowski on Unsplash Oracle Corporation (NYSE:ORCL) provides cloud and on-premises software, databases, and IT infrastructure to help businesses manage operations. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

Investing.com -- Piper Sandler defended its Overweight rating on Oracle in a note to clients on Monday, arguing the company could generate approximately $2.2 billion in Oracle Cloud Infrastructure revenue not currently captured in consensus estimates, based on the firm’s analysis of capital expenditure to data center capacity to revenue conversion. Analyst Billy Fitzsimmons said Oracle "has remained a controversial name" in Piper Sandler’s coverage, given ongoing concerns around capital requirements, AI monetization, customer concentration and margins. However, the firm is "constructive given our OCI analysis, accelerating revenue growth, the new CFO potentially being a more prudent guider, and reasonable expectations for the apps business in FY27." Using disclosures from Crusoe and CoreWeave as benchmarks, Piper Sandler estimated a baseline cost of approximately $46 million per megawatt and IaaS revenue of approximately $13.5 million per megawatt. Applying those assumptions to Oracle’s projected fiscal 2027 capital expenditure, the firm estimated approximately 2,400 megawatts of capacity could come online during the year. Based on that capacity ramping over the course of fiscal 2027, Piper Sandler calculated net new OCI revenue of approximately $23.0 billion, compared to its current estimate of $20.8 billion, implying total fiscal 2027 OCI revenue of $41.1 billion. Fitzsimmons described the potential incremental contribution as a "12% tailwind to FY27 OCI growth." Oracle shares have pulled back following fourth-quarter results, which Piper Sandler said present an opportunity given the upside scenario its analysis supports. Related articles Piper Sandler defends Oracle ahead of earnings, sees $2.2bn OCI revenue upside JPMorgan outlines ten strategic themes that could shape the outlook for 2026 This sector is 'poised for a big, beautiful year': Truist

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. CoreWeave (NasdaqGS:CRWV) reported record-breaking results in the MLPerf Training v6.0 benchmark. The company used its production AI cloud platform powered by NVIDIA GB300 NVL72 GPUs. The benchmark runs were conducted on infrastructure that is currently available to customers. CoreWeave enters this news cycle with the stock at $115.21 and a year-to-date return of 45.2%, alongside a 20.5% gain over the past week and 11.0% over the past month. These moves come despite the stock being down 32.2% over the past year, which gives the latest performance update added relevance for investors tracking sentiment around NasdaqGS:CRWV. For enterprises and developers, the key takeaway is that CoreWeave’s benchmark results were achieved on production-grade systems that customers can actually use, not on a one-off lab setup. That detail may influence how readers compare CoreWeave to other AI cloud providers as they assess where to place demanding training workloads. Stay updated on the most important news stories for CoreWeave by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on CoreWeave. Is CoreWeave's balance sheet strong enough for future acquisitions? Dive into our detailed financial health analysis. ✅ Price vs Analyst Target: CoreWeave trades at $115.21, about 18% below the $140.18 consensus target. ⚖️ Simply Wall St Valuation: Valuation is marked as unknown, so this news sits against an unclear intrinsic value backdrop. ✅ Recent Momentum: A 30-day return of 11.0% shows positive short term momentum into this benchmark announcement. There's only one way to know the right time to buy, sell or hold CoreWeave. Head to Simply Wall St's company report for the latest analysis of CoreWeave's Fair Value. 📊 Record MLPerf Training v6.0 results on production systems highlight CoreWeave's current AI infrastructure capabilities that customers can already access. 📊 It may be useful for investors to monitor whether these benchmark results relate to any changes in revenue, margins from the current loss making position, or the relationship to the $140.18 price target. ⚠️ The company is still loss making with a P/E of 39.5 on a loss basis and currently not forecast to reach profitability...

NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the results of the June 2026 quarterly rebalance of the Nasdaq-100 Index® (NDX®), which will become effective prior to market open on Monday, June 22, 2026. The following five companies will be added to the Index: Astera Labs, Inc. (Nasdaq: ALAB), CoreWeave, Inc. (Nasdaq: CRWV), Nebius Group N.V. (Nasdaq: NBIS), Rocket Lab Corporation (Nasdaq: RKLB), Teradyne, Inc. (Nasdaq: TER). The following five companies will be removed from the Index: Charter Communications, Inc. (Nasdaq: CHTR), Cognizant Technology Solutions Corporation (Nasdaq: CTSH), Insmed Incorporated (Nasdaq: INSM), Verisk Analytics, Inc. (Nasdaq: VRSK), Zscaler, Inc. (Nasdaq: ZS). For additional information, including notifications on changes to any Nasdaq Indexes, please go to https://indexes.nasdaq.com/ About Nasdaq Global Indexes Nasdaq Global Indexes is one of the world's leading index providers, offering a comprehensive suite of rules-based benchmarks and indexes. The Nasdaq-100 Index® — which measures the performance of 100 of the largest Nasdaq-listed non-financial companies — is tracked by more than 200 investment products with over $800 billion in assets under management globally. Nasdaq Global Indexes publishes and maintains more than 10,000 indexes across asset classes and geographies. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software, and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com. Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, and NDX® are registered trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may diff...

By IPO Edge Editorial Staff A cybersecurity outage took down half the internet in July 2024. The company behind it was CrowdStrike (CRWD). Two years later, the stock has not just recovered. It has climbed to fresh records. Last week’s first quarter results explain why, with record net new annual recurring revenue and the company’s first GAAP profit in years. CrowdStrike also announced a four-for-one stock split, a move that tends to draw retail crowds. Financial pros noticed too, ranking CRWD fourth among big software names in our TrackStar data, just behind ServiceNow (NOW), Oracle (ORCL), and Salesforce (CRM). The pitch is simple. CrowdStrike wants to be the security layer for the entire AI buildout. The question is whether that justifies one of the richest valuations in tech. CrowdStrike sells cloud-delivered cybersecurity through its Falcon platform. A single lightweight agent guards laptops, servers, identities, and cloud workloads. The model is subscription-first, and customers add modules over time. More than half now run six or more modules. It serves enterprises, governments, and small businesses worldwide, and counts a large share of major corporations as clients. CrowdStrike segments its business into the following areas: Subscription (95% of total revenues) – Recurring access to Falcon platform modules across endpoint, cloud, identity, and data security Professional Services (5% of total revenues) – Incident response, advisory work, and threat hunting engagements First quarter revenue rose 26% to $1.39 billion, with net new ARR up 32% to a record $256 million. GAAP net income swung to a $27.8 million profit, reversing a $104.3 million loss a year earlier. Management is leaning hard into artificial intelligence. It launched Project QuiltWorks, a coalition with OpenAI and Anthropic aimed at frontier AI risk. It also rolled out Charlotte AI AgentWorks, a no-code tool built with AWS, NVIDIA, and OpenAI for custom security agents. The Falcon Flex consumption model keeps expanding too, now reaching the full services portfolio. These moves push CrowdStrike beyond endpoint protection toward a platform that customers consolidate spending onto. Source: Stock Analysis Revenue climbed from $481.4 million in fiscal 2020 to $5.1 billion over the trailing twelve months. Growth has cooled from triple digits to 23.2%, which is still impressive at this scale. Gros...

Asana delivered a stronger-than-anticipated first quarter, driven by accelerating adoption of its AI-powered workflow tools and improving customer retention across key verticals. Management highlighted that net retention rates improved for the fourth consecutive quarter, citing widespread seat expansion and deeper engagement with new AI offerings as meaningful contributors to growth. CEO Daniel Mark Rogers pointed to broad-based improvements, including a return to positive growth in the technology sector, and cited high-profile customer expansions with clients such as CoreWeave and Epson. The company’s recent focus on multiproduct adoption and operational discipline also supported margin expansion and stronger-than-expected profitability. Is now the time to buy ASAN? Find out in our full research report (it’s free). Revenue: $205.1 million vs analyst estimates of $203.6 million (9.5% year-on-year growth, 0.8% beat) Adjusted EPS: $0.10 vs analyst estimates of $0.08 (33.2% beat) Adjusted Operating Income: $23.58 million vs analyst estimates of $16.19 million (11.5% margin, 45.7% beat) The company slightly lifted its revenue guidance for the full year to $859.5 million at the midpoint from $854 million Management raised its full-year Adjusted EPS guidance to $0.37 at the midpoint, a 1.4% increase Operating Margin: -7.4%, up from -23.4% in the same quarter last year Customers: 26,103 customers paying more than $5,000 annually Annual Recurring Revenue: $845.1 million (9.7% year-on-year growth, beat) Billings: $194.4 million at quarter end, up 11.2% year on year Market Capitalization: $1.84 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Robert Oliver (Baird) asked about the rationale and expected integration timeline for the Stack.ai acquisition. CEO Daniel Mark Rogers explained that Stack.ai enables Asana to deliver advanced cross-system workflow automation immediately, accelerating its roadmap by a year and allowing deeper engagement with enterprise customers. Matt Bullock (Bank of America) inquired about the drivers behind the return to positive growth in the technology sector. CFO Aziz Megji attributed the imp...

Super Micro Computer stock surged Friday as earnings from artificial-intelligence server peer Dell Technologies had investors excited about the growth ahead for hardware stocks. Super Micro stock jumped 10% to $45.48 on Friday following Dell’s report. Dell stock also soared, after the company said Thursday night that quarterly revenue for its AI-optimized servers rose 757% from the prior year.

Download the Complete Report Here Key Takeaways: Alpha Compute Corp.’s (ALP) mid-quarter update points to a material inflection from concept-stage AI infrastructure buildout toward contracted, revenue-generating operations. ALP secured a $32.2 million, two-year agreement with a leading AI research firm, translating to $16.1 million of annual contracted revenue, up from ~$30,000 in 1Q26. The contract supports ALPHA-01, the company’s inaugural enterprise-scale deployment comprising 504 NVIDIA B200 GPUs in Canada. ALP is also advancing ALPHA-02, a 576-GPU NVIDIA B300 cluster in Sweden targeted for 3Q26 deployment. Importantly, ALP now expects $21 million in NTM revenue, including contracted AI compute revenue and expected contribution from the pending GAMEE acquisition, alongside a $200+ million qualified sales pipeline across AI research, enterprise, and sovereign compute customers. The NTM outlook is a key scale-up indicator, extending beyond the initial AI lab contract to reflect broader infrastructure monetization and anticipated contribution from GAMEE. The rebrand from AlphaTON Capital to Alpha Compute formalizes the company’s strategic shift from Telegram ecosystem exposure to AI GPUaaS and confidential compute infrastructure. The company changed its name and Nasdaq ticker from ATON to ALP on April 20, 2026, explicitly positioning itself as an AI GPU-as-a-service and confidential compute platform rather than primarily a TON ecosystem investment vehicle. The new platform is focused on confidential AI compute, sovereign AI infrastructure, scalable GPU deployment, and privacy-native AI ecosystems, with binding agreements for the deployment of over 1,000 Blackwell-generation GPUs and strategic relationships across Telegram, Animoca Brands, Midnight Network, and GAMEE. The Cocoon software stack deployment is in pilot phase as Telegram begins scaling applications, while the GAMEE acquisition is nearing completion pending final audits. Strategically, ALP is positioning for rising demand from regulated AI workloads through hardware-level encryption and TEE-based confidential compute powered by Blackwell-generation GPUs. We believe the $32.2 million AI lab contract provides the clearest commercial validation of ALP’s AI compute strategy, establishing a measurable revenue baseline for the platform. The two-year definitive lease agreement with a leading frontier ar...

This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS) rose 1.85% in premarket trading after DA Davidson raised its price target to $250 from $200, maintaining a Buy rating. At the same time, Citizens lifted its target to $270 from $175, maintaining a Market Outperform. Citizens pointed to hyper-growth characteristics and a 4-gigawatt capacity trajectory it says positions Nebius to match CoreWeave (NASDAQ:CRWV). Revenue in Q1 reached $399 million, up 684% year-over-year and 75% from Q4. Adjusted EBITDA swung to $129.5 million from a $53.7 million loss a year earlier, with Nebius AI margins expanding to 45% from 24% in Q4. Annualized recurring revenue closed the quarter at $1.9 billion, up more than 50% from $1.25 billion in December. Contracted power guidance was raised to 4 gigawatts from 3 gigawatts, the fourth consecutive quarterly increase. Nebius also disclosed a $27 billion, five-year capacity contract with Meta Platforms (NASDAQ:META), comprising $12 billion in dedicated compute and a $15 billion option at Nebius's discretion. Management reaffirmed full-year guidance of $3 billion to $3.4 billion in revenue and an adjusted EBITDA margin of around 40%. DA Davidson believes a new large-scale deal is likely in the near to medium term, with 5 gigawatts of active power by 2030 as the longer-horizon target.

Nebius Group N.V. NBIS stock gained approximately 7% following first-quarter 2026 results reported on 13 May, 2026, fueled by strong revenue growth amid a robust AI demand environment. Shares of the company have gained 125.7% in the past three months, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software Services industry, which grew 22.3% and 25.1%, respectively. The S&P 500 composite is up 11.1% over the same time frame. The company’s shares have surged 157.2% in the past six months. Image Source: Zacks Investment Research NBIS has outpaced its peer, CoreWeave, Inc. CRWV, which has gained 18.9% during the same interval. Can NBIS sustain its momentum, or is it time to trim positions? Let’s break down the company’s latest results, growth drivers and long-term prospects to determine whether staying invested still makes sense. Nebius Group reported a first-quarter 2026 adjusted net loss of $100.3 million, 20% wider than a loss of $83.6 million incurred a year ago. The increase in loss was primarily due to continued investments in infrastructure expansion, AI platform development, acquisitions and engineering talent. The company’s revenues surged 684% year over year to $399 million. Nebius AI business revenue, which excludes Avride and TripleTen, increased 841% year over year to $390 million. The increase in sales was primarily driven by rapid capacity scaling, strong utilization levels and favorable pricing dynamics across the company’s core AI cloud operations. CoreWeave reported first-quarter revenues of approximately $2.08 billion, more than doubling year over year. Image Source: Zacks Investment Research Group adjusted EBITDA for Nebius improved significantly to $129.5 million from a loss of $53.7 million in the year-ago quarter. Group adjusted EBITDA margin expanded to 32%, supported by operating leverage and strong execution. Within the Nebius AI business, adjusted EBITDA margin expanded sharply to 45% from 24% in the fourth quarter of 2025, reflecting strong revenue growth and improving platform economics. Nebius significantly strengthened its balance sheet during the quarter. The company raised approximately $4.3 billion through convertible senior notes and secured a $2 billion equity investment from NVIDIA Corporation NVDA, increasing cash and cash equivalents to $9.3 billion at quarter-end. Operating cash flow surged to...