The deal “validates” the crypto-mining company's pivot to supporting the AI buildout, its CEO said.
Wall Street enters the week with investors focused on the start of the second-quarter earnings season, the Federal Reserve's latest meeting minutes and a handful of economic releases that could offer fresh insight into the outlook for interest rates, economic growth and the artificial intelligence-driven rally that has powered US equities. The week's key events include Wednesday's release of the minutes from the Federal Open Market Committee's June meeting, the ISM services purchasing managers index, earnings from companies including PepsiCo Inc (NASDAQ:PEP, XETRA:PEP) and Levi Strauss & Co (NYSE:LEVI), as well as several developments in the semiconductor industry that could influence sentiment toward AI-related stocks.
MasTec, Inc. MTZ is currently trading at a premium compared with the Zacks Building Products - Heavy Construction industry, the broader Zacks Construction sector and the S&P 500 Index, with a forward 12-month price-to-earnings (P/E) ratio of 35.62. The industry's average currently is 26.35, with the sector's valuation at 21.49 and the S&P 500 Index at 21.07.
NEE's recent stock softness may offer a long-term entry point as clean energy demand, rising estimates, strong ROE and dividends support growth.
GEA Group Aktiengesellschaft (GEAGF) Discusses Q2 Guidance, Customer Industry Performance and Order Intake Trends Transcript
Satoshi's initial control highlights Bitcoin's early centralization, contrasting with its current decentralized ethos and security model. Bitcoin's early debug files reveal Satoshi ran two nodes, only 3 at block 49.
DK completed its Big Spring refinery turnaround on time and within budget, setting up improved operations as stronger refining markets create new opportunities.
ALTO's first-quarter 2026 return to profitability reflects stronger exports, higher crush margins, richer product mix and operating improvements.
Southwest Airlines is initiated with a "Buy" rating, citing a turnaround, strong forward earnings trends, and favorable macro tailwinds. LUV expects EPS to more than triple to $2.96 this year, with out-year earnings potentially exceeding $4.50 and normalized growth by FY 2028. Valuation appears attractive; applying a low-teens P/E to $4.50 normalized EPS suggests shares could reach $60, supported by strong travel trends and lower energy costs.
The gold market continues to face solid selling pressure as prices have been unable to break through initial resistance at $4,200, and the precious metal is unlikely to attract renewed bullish momentum as activity in the U.S. services sector remains resilient.
CION, ESEA and CZFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 6, 2026.
Over the past six months, Imperial Oil Limited IMO has outperformed the broader oil and energy sector (ZS12M). IMO's shares have gained 29.7%, compared with a 14.7% increase for the broader oil and energy sector during the same period.
Explore Progress Software's (PRGS) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Ripple has completed its MiCA licensing process after receiving full CASP authorization in Luxembourg.
If Robinhood delivers a Q2 beat and demonstrates that its banking and prediction-market initiatives are scaling quickly, upward estimate revisions would likely follow.
DRAM makers have arguably been the in the hottest corner of the semi trade so far this year, and while a wave of increased volatility has made the names tough to buy on weakness, there is a great debate surrounding whether or not DRAM is experiencing structural demand as AI compute demands continues going off the charts with new applications (many of which may be highly monetizable) coming online in the coming months and quarters, all while firms look to get their orders in way in advance.
This article was written by Doug Nathman, with research by his team at Trefis.
This article was written by Doug Nathman, with research by his team at Trefis.
Junior Gold Miners ETF (GDXJ) still has room for more downside
On the morning of Monday, July 6, Goldman Sachs (NYSE: GS) analyst James Schneider revised his 12-month outlook for the world's second-largest semiconductor company, Advanced Micro Devices (NASDAQ: AMD).
Oracle Corp. (ORCL) shares gained 1.3% on Monday as investors returned to the stock following a sharp, debt-driven sell-off, amid improving broader market sentiment. The recovery also came as broader market sentiment improved, with the Nasdaq Composite gaining 0.95% and the S&P 500 advancing 0.44%.
The commercial space sector hit an inflection point this month.
Robinhood, SoFi and Upstart highlight how fintech is redefining payments, lending and investing with AI, blockchain and digital wallets.
If you're deciding between Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) and Vanguard Information Technology Index Fund ETF (NYSEARCA:VGT), the choice looks like a coin flip.
American Bitcoin Corp (ABTC) commenced split-adjusted trading on July 6 after completing a 1-for-15 reverse stock split on July 2. While shares were anticipated to open at $8.40, they've tumbled to $7.70 — trading beneath the adjusted opening level.
A once-in-a-decade heat dome baked the eastern United States this Fourth of July weekend.
T-Mobile U.S. Inc (NASDAQ:TMUS) stock is enjoying a 1.4% lift to trade at $180.06 this morning, after landing an upgrade to "buy" from "neutral" at Bank of America.
BMNR gains momentum following disclosure of $11.1B in cryptocurrency, cash and strategic investments
A U.S.-Iran peace deal is flooding markets with crude, sending oil prices lower and boosting the case for inverse energy ETFs.
Recently, Zacks.com users have been paying close attention to Emcor Group (EME). This makes it worthwhile to examine what the stock has in store.