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The loudest story on Meta ($META) in mid-2026 is that the company is “incinerating capital” — that a $125 billion-to-$145 billion capital-expenditure bill for AI data centres is value destruction dressed up as ambition. That framing is not just bearish; it is probably backwards. Meta Platforms (META) trades at $612.91 as of July 1, 2026, and the variable that will decide its 2026, 2027 and 2030 price is not how much it spends on AI, but whether that spend becomes a revenue line rather than a cost sink. In late June the company began selling AI compute — locking in…

Shopify stock has rebounded in the past few weeks, moving from the year-to-date low of $94.47 to the current $121.63. This rebound may continue, helped by its modest revenue growth and encouraging technicals.Shopify stock jumps after crucial settlementShopify, the operator of the biggest e-commerce software, soared after reaching a settlement with Shopline, a company owned by Joyy, a publicly-traded company. The two companies asked a judge to bar Shopline from distributing its software. In a statement, Shopify said that Shopline had copied its Dawn theme, rebranded it, and sold it against it. Its chief counsel said:”We took them to court and…

US stocks opened lower on Wednesday as investors booked profits in semiconductor stocks following a record-breaking first half of 2026, while renewed US-Iran tensions and expectations of tighter monetary policy also weighed on sentiment.The Dow Jones Industrial Average declined 253 points. The S&P 500 slipped 0.46% while the Nasdaq Composite fell 0.68%.Semiconductor stocks lead declinesChipmakers came under pressure in trading after posting outsized gains during the first six months of the year.Micron Technology dropped 7.6%, although the stock remained up 238% year to date. Sandisk fell 9% after surging more than 650% during the first half of 2026. Nvidia and…

The USD/ZAR pair was little changed on July 1 as traders reacted to hawkish remarks by South African Reserve Bank (SARB) Governor Lesetja Kganyago, who spoke at the European Central Bank (ECB) forum in Portugal. The pair was trading at 16.40, a few pips below last month’s high of 16.67.SARB may hike interest rates in JulyThe USD/ZAR pair wavered even after Kganyago, the head of South Africa’s central bank, hinted that the bank may decide to hike interest rates later this month. If this happens, it will hike rates to 7.25% and the prime lending rate to 10.75%, the highest level…

Insider Brief Infiforce raised nearly $150 million across Series A and Series A+ rounds to develop embodied-AI models, expand its DataGrid infrastructure and increase robot deployments in industrial and commercial settings. The Chinese startup plans to advance its AtomBrain system and causal world models while using first-person “Ego” data to train models intended to transfer capabilities across different robot forms. Infiforce said its robots and systems are being tested or commercialized across more than 30 Chinese cities and more than 100 scenarios, including manufacturing, logistics, warehousing and commercial services. Infiforce has raised nearly $150 million across Series A and Series…

The lazy read on Microsoft (MSFT) in mid-2026 is that it has become a broken AI-capex story: the shares closed at $373.02 on June 30, 2026, well off their old highs, as investors recoiled from a spending bill that hit roughly $37.5 billion in a single quarter (stockanalysis.com; Microsoft FY26 Q2). The overlooked fact is that the same sell-off dragged Microsoft’s forward price-to-earnings ratio down to roughly 22 times — below its own five-year average — even as Azure grew 39% and the company’s artificial-intelligence run-rate reached about $26 billion. Wall Street’s average 12-month price target sits at $561, some…

Wells Fargo has increased its price target on Advanced Micro Devices to $615 from $505 while maintaining its Overweight rating, reflecting growing confidence in the company’s long-term server CPU business and continued demand driven by artificial intelligence (AI).AMD shares rose 2% on Tuesday’s trading after closing the previous session 3.4% higher at $539.49.Wells Fargo raises revenue and earnings forecastsWells Fargo increased its revenue estimates for AMD’s server CPU business over the next three years.The brokerage now projects server CPU revenue of $16.0 billion in 2026, rising to $20.5 billion in 2027 and $25.0 billion in 2028.The firm left its data…

Taiko reopened its cross-chain bridge after moving through a four-stage recovery from a June 21 attack that drained roughly $1.7 million, letting users shift funds between its Ethereum layer-2 network and the Ethereum mainnet again and confirming that every bridged asset now holds full one-to-one backing. The reopening followed a week in which Taiko urged users to pull funds from every bridge on the network and paused its systems after confirming that its chain-state verification mechanism had been compromised. The team sealed the attack path, brought in independent security experts to review its fixes, and sequenced the restart so that…

BitGo has expanded its institutional custody platform to support YLDS, the SEC-registered yield-bearing digital security issued by Figure Certificate Company, giving institutional investors access to regulated custody for one of the first blockchain-native fixed-income products registered with the U.S. Securities and Exchange Commission. The digital asset infrastructure provider said YLDS can now be held through BitGo Bank & Trust, its federally chartered digital asset trust bank regulated by the Office of the Comptroller of the Currency. The launch combines SEC-registered digital securities with qualified custody infrastructure designed for institutional investors, highlighting the growing convergence of traditional securities regulation and blockchain-based…

The UnitedHealth Group stock price has embarked on a major rally in the past few months and has recently formed the encouraging golden cross pattern. UNH jumped to $420, its highest level since April 25. It has soared by 78% from its lowest level this year. Why UnitedHealth Group stock is soaringUnitedHealth Group, the biggest health insurance company in the United States, is doing well this year. This is a sharp contrast to what happened last year when it became one of the top laggards in Wall Street. The stock has rebounded even after Warren Buffett’s Berkshire Hathaway sold all the shares…