Author: arthursheikin@gmail.com
[ad_1] President Donald Trump’s plans to slap a 100% tariff on semiconductor imports didn’t wreak havoc on chip stocks. In fact, these shares are rising after the announcement, and here’s why. Trump said Wednesday companies that are “building in the United States” will be exempt from the heavy levies. Still, specifics about the plan, such as how much U.S. manufacturing a company needs to do in order to qualify for the tariff exemption, were not immediately clear. While the exact details are still pending, Wall Street analysts believe the news marked an overhang removal for the sector. On top of that,…
[ad_1] Elad Gil isn’t just ahead of the curve — he practically lives there. Before most of the world had even asked ChatGPT its first question, Gil was writing early checks into companies like Perplexity, Character.AI, and Harvey. And that’s just a slice of the story. His track record includes seed or Series A investments in more than 30 unicorns and involvement with some of the most iconic names in tech — Stripe, Airbnb, Coinbase, Instacart, Notion, Figma, Flexport, Gitlab, and many more. This October, Gil takes the Disrupt Stage at TechCrunch Disrupt 2025 in San Francisco for a fireside…
[ad_1] Klaviyo stock could have even more room to run despite a strong post-earnings surge this week, according to Citigroup. Citigroup upgraded shares of the marketing automation platform firm to buy from neutral on Thursday, and raised its price target to $50 per share from $40. The firm’s forecast implies nearly 42% upside from Wednesday’s $35.31 close. Shares have advanced nearly 19% so far this week alone. Second-quarter earnings and revenue surpassed analyst estimates on Wednesday, and Klaviyo issued a rosy outlook for the current quarter. KVYO 1D mountain Klaviyo stock has soared this week. “Though shares traded up 15%…
[ad_1] Goldman Sachs is getting more bullish on Nvidia ahead of the company’s quarterly results. The firm increased its price target on Nvidia to $200 per share from $185 in a Thursday note and reiterated its buy rating. Goldman’s new forecast implies more than 11% upside from Wednesday’s $close. Analyst James Schneider said that even though investor expectations are high heading into fiscal second-quarter results at the end of August, the chipmaker should have no trouble rising to the occasion. NVDA YTD mountain Nvidia stock in 2025. “We expect Nvidia to deliver a clean beat-and-raise quarter, with the stock reaction…
[ad_1] Amjad Masad, Replit’s CEO, said the era of solo software creation has arrived, and all it takes is a few hours and a good prompt.”You can just have a prompt and have an app,” he said on an episode of the “Big Technology Podcast” published Wednesday.”I’d say at least set an afternoon to give it some good effort and try to get your first app. And once you do that, you just get it,” he added.Replit, which lets users build applications through AI-assisted prompts and code autocomplete tools, has seen explosive growth.The company said its annual recurring revenue soared…
[ad_1] Sunrun could be on the cusp of surging, according to JPMorgan. JPMorgan reiterated an overweight rating on the solar stock on Thursday and raised its price target to $20 per share from $16. The firm’s forecast implies about a whopping 120% upside from Wednesday’s $9.07 close. Analyst Mark Strouse pointed to Sunrun’s strong second-quarter results as cause for the target hike. Earnings per share grew to $1.07 from 55 cents on a year-over-year basis, while revenue of $569.3 million beat a FactSet estimate of $559.4 million. Shares rallied more than 16% in the premarket following the release. RUN YTD…
[ad_1] I’d always had the unshakeable belief that homeownership was the path to financial stability and adult happiness.For years, I crunched Zillow numbers and filled out spreadsheets while fantasizing about a nice backyard with a rose garden where I could relax.So, once I had enough money saved and the right house came along, I jumped at the opportunity.I became the proud owner of a $245,000 home in Texas at age 24 with my earnings from a successful lifestyle blog that I’d launched at 20. It felt like I’d pulled off the ultimate adult-flex.In the early weeks, I couldn’t stop posting…
[ad_1] Caterpillar’s recent run higher is unsustainable and investors should steer clear of the stock as tariffs hit the business, according to Morgan Stanley. Morgan Stanley downgraded the construction and engineering equipment maker to underweight from equal weight in a Thursday note. It did raise its price target to $350 per share price from $283, though that still calls for more than 19% downside from Wednesday’s close. Analyst Angel Castillo said that while shares have surged more than 50% from their April lows, both profitability and broader fundamentals have not kept pace, which he said points to potential “negative earnings…
[ad_1] If you’ve been waiting for the shoe to drop on the US consumer economy, keep waiting.Strong results from some retail brands during the first half of this year are defying the economic warning bells that have been ringing for several quarters now.Recent earnings calls have revealed a pattern that points to a continued split in Americans’ spending, and some CEOs are approaching the gap with caution.2 types of spendingLooking at brands across the consumer economy, a tale of two shoppers emerges.While consumers with annual earnings of at least $100,000 increased their spending in the first six months of 2025,…
[ad_1] This as-told-to essay is based on a conversation with Cache Merrill, a 48-year-old tech founder from Sandy, Utah. The following has been edited for length and clarity.I launched my startup when my three kids were 1, 4, and 7 years old.I started my journey in the tech industry as a software engineer. Early on, I worked with both startups and larger companies, learning the demands of the industry.I quickly found myself drawn to entrepreneurship. In 2009, I co-founded Zibtek, a software development company, which has grown rapidly over the years.Leading a growing team while trying to be present for…