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2 minutes ago
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Why ASML Stock Is Plummeting Today
Key Points ASML published its second-quarter results before the market opened this morning and beat Wall Street's sales and earnings targets. ASML's performance outlook for this year looks strong, but management issued very cautious guidance for next year. The semiconductor equipment specialist is concerned that tariffs and geopolitical risk factors could stifle growth. 10 stocks we like better than ASML › ASML (NASDAQ: ASML) stock is getting hit with big sell-offs Wednesday following the company's recent earnings report. The semiconductor manufacturing equipment specialist's share price was down 7.8% as of 3:20 p.m. ET. The stock had been down as much as 11.2% earlier in the day's trading. ASML published its second-quarter results before the market opened this morning and actually posted sales and earnings for the period that beat Wall Street's targets. But despite strong performance in Q2, the company issued cautious forward guidance -- and investors are selling the stock in response. ASML stock sinks despite strong Q2 results ASML posted a net profit of 2.29 billion euros (roughly $2.66 billion) on sales of 7.7 billion euros (roughly $8.95 billion) in the second quarter. Meanwhile, the average analyst estimate had called for the business to record a profit of 2.04 billion euros on sales of 7.52 billion euros. Sales were up roughly 23% year over year, and the company posted a gross margin of 53.7% in the period. The tech specialist continued to see demand catalysts related to equipment sales for the manufacturing of artificial intelligence (AI) chips, but management issued a cautious outlook for next year. What's next for ASML? On the heels of the strong performance in the second quarter, ASML now expects that it will see annual revenue growth of roughly 15% and gross margin of approximately 52% this year. While those targets might otherwise have been cause for a valuation rally, management said that it could not confidently state that the business would grow next year. With tariffs and other macroeconomic and geopolitical risks, ASML isn't sure that there will be a sales expansion next year -- and investors are selling out of the stock in response to the disappointing guidance. Should you invest $1,000 in ASML right now? Before you buy stock in ASML, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and ASML wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy. Why ASML Stock Is Plummeting Today was originally published by The Motley Fool
Yahoo
2 minutes ago
- Yahoo
GivBux Confirms Warrant Dividend Progress
NEWPORT BEACH, Calif., July 16, 2025 (GLOBE NEWSWIRE) -- GivBux, Inc. (OTC: GBUX), a publicly traded Super App and charitable giving platform, today thanked shareholders who submitted statements of their holdings in response to the company's special warrant dividend. The company said it is currently reviewing and verifying shareholder submissions and expects to finalize the distribution calculations early next week. The GivBux board of directors approved the warrant dividend on May 21, 2025, and confirmed the action in a Form 8-K filed with the SEC on June 9, 2025. About GivBux, Inc. The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and easily at over 100 national retailers, along with an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed towards a charity of their choice, embodying GivBux Inc.'s commitment to "give back." The GivBux Super App is free to use and available now at Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App is constantly evolving and adding new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery and transportation. GivBux is forging a new path in ecommerce and charitable giving and aspires to build the largest community of givers, first in the United States and eventually worldwide. For more details and regular updates, visit Forward-Looking Statements This press release contains 'forward-looking statements.' Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by GivBux, Inc. in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. The Company intends that all statements included herein, including those referring to future revenues and earnings, be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995. Contact: Umesh Singh, PresidentEmail: ir@ Instagram: X (formerly Twitter): in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 minutes ago
- Yahoo
Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
has agreed to invest $2 billion in Elon Musk's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal. After xAI merged with the social media platform X, the new entity was valued at $113 billion. The move combined xAI's research operation with X's platform reach, expanding the audience and real-world integration potential for the company's AI products, the Journal reports. Don't Miss: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — This AI-Powered Trading Platform Has 5,000+ Users, 27 Pending Patents, and a $43.97M Valuation — Musk Says 'We Have Improved Grok Significantly' as AI Tool Expands From Starlink Support to Tesla Robots The Grok chatbot developed by xAI is currently being used to support customer service operations for Starlink, SpaceX's satellite internet division. According to the Journal, Musk has said he also intends to embed Grok into Tesla's (NASDAQ:TSLA) humanoid robot fleet, Optimus, as part of a broader plan to bring artificial intelligence into the company's physical products. Musk has described Grok as "the smartest AI in the world," though the chatbot has not yet matched the widespread popularity of OpenAI's ChatGPT, the Journal says. The model recently received high scores from benchmarking service Artificial Analysis. Several posts from Grok's official account on X were removed after user complaints and feedback from the Anti-Defamation League, according to Reuters. The posts included language suggesting a historical figure could address anti-white sentiment and made references to Jewish surnames in the context of activism, prompting concerns about antisemitic tropes. The organization urged xAI and other developers of large language models to take stronger precautions against generating content flagged as extremist or inappropriate. Trending: $100k+ in investable assets? – no cost, no obligation. "We are aware of recent posts made by Grok and are actively working to remove the inappropriate posts," Grok said. The post also said that xAI had taken action to ban hate speech before Grok posts on the platform. The company attributed earlier controversial responses to an unauthorized change in Grok's software and has since initiated further refinements. Musk also posted, "We have improved Grok significantly," indicating ongoing technical adjustments. Strategic Investment Aligns With Musk's Track Record of Cross-Venture Support The investment marks the first known capital injection from SpaceX into xAI and is also one of the largest investments SpaceX has made into another company, according to the Journal. Musk has a long history of leveraging his various businesses to support one another, including using SpaceX equipment for The Boring Co. and borrowing funds from SpaceX during Tesla's early representatives have reportedly told investors that additional business partnerships between SpaceX and xAI are likely in the future, the Journal says. This signals a growing integration across Musk's portfolio, connecting AI development, space infrastructure, and consumer-facing technologies. At xAI, Musk is investing billions each year into training new AI models, mirroring the high-spending strategies seen at other well-funded AI startups. According to the Journal, these costs are being matched by rising valuations and increasing pressure to deliver competitive performance across multiple sectors. While xAI's ambitions remain large, including deeper integration with Tesla and other Musk-led ventures, the backlash underscores the challenges of scaling AI models that interact directly with the public. With the $2 billion investment, xAI's future developments may draw even more attention from stakeholders across the industry. Read Next: Here's what Americans think you need to be considered wealthy. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
