Latest news with #AIrevolution
Yahoo
3 days ago
- Business
- Yahoo
LHX- A "Triple Beat" Earnings Play in the Defense Sector
While equity markets have staged a strong rebound from the April bottom, earnings estimates look to have just begun forming a bottom as the Q2 2025 earnings season unfolds. Meanwhile, L3Harris Technologies Inc. (LHX) delivered a triple play (beat, beat, raise) this quarter, observes Nancy Tengler, CIO at Laffer Tengler Investments. To get more articles and chart analysis from MoneyShow, subscribe to our .) The question we ask ourselves every day is 'What are we missing? Where is the puck going?' because that is where we want to be focused. Though we remain bullish on technology and the AI revolution, we are also always scanning the horizon for new opportunities. (Editor's Note: Nancy will be speaking at the 2025 MoneyShow Masters Symposium Sarasota, scheduled for Dec. 1-3. Click HERE to register.) In our previous bulletin, we highlighted the equity market price and fundamental resilience over the past 12 months amid significant structural changes, including shifts in monetary policy, political regimes, foreign trade policies, and a technological revolution. Shifting our focus to the latter half of 2025 and where equity prices could go, a key question emerges as to the trajectory of fundamentals: Have the downward revisions in S&P 500 EPS estimates reached a bottom, signaling the onset of stabilization, or even an upward inflection? L3Harris Technologies Inc. (LHX) At LHX, revenues were up 2% year-on-year (+6% organically), driven by higher volumes, new program ramps, and increased international demand. This looks to be the inflection point we've been waiting for. See also: NJR: A Higher-Yielding Nat Gas Utility Stock The company is well ahead of its cost savings goals. There is strong demand across the portfolio. And management confirmed that negative Estimates At Completion (EACs) are through. Moreover, with increased international defense spending, the company is finding that it is replacing many indigenous players – a trend we expect will continue. Recommended Action: Buy LHX. More From With Services Flat-Lining, Can the Economy Hold Up? EXK: Why the Silver Miner is Primed to Catch Up to its Peers Market Minute 8/8/25: Gold Flirts with Fresh Highs Amid Tariff Turmoil Error 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
4 days ago
- Business
- Yahoo
Analysts Love This Hidden-Gem Generative AI Stock
Generative artificial intelligence (AI) is creating a new wave of winners in the tech sector, and analysts are racing to identify the next big beneficiaries. While the spotlight usually shines on giants like Nvidia (NVDA) and Microsoft (MSFT), Wall Street is also falling in love with some quieter players powering the AI revolution behind the scenes. One stock earning that attention is MongoDB (MDB). Analysts at BMO Capital Markets just launched coverage with an 'Outperform' rating and a $280 price target, highlighting MongoDB's growing role in generative AI workloads. The firm points to the company's vector search technology and potential to capture new AI-driven database demand as key growth catalysts. More News from Barchart Supermicro's Earnings Selloff Explained: Should You Buy SMCI Stock Now? Amazon's $36M Bet on Quantum Computing: What Investors Need to Know Palantir's Free Cash Flow Margins and Forecasts Rise - Where This Leaves PLTR Stock Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. For investors seeking a hidden AI gem with analyst backing, MongoDB's expanding footprint in the database market positions it as a stock worth watching closely. About MongoDB Stock Headquartered in New York, MongoDB is a leading data platform company founded in 2007. The company is widely recognized for its innovative general-purpose database platform, which enables developers worldwide to build, transform, and modernize applications by leveraging the power of software and data. The company is actively positioning itself for the artificial intelligence era. Earlier this year, MongoDB acquired Voyage AI, a startup specializing in vector-based search models, and launched a public preview of its Model Context Protocol (MCP) server. Coupled with the release of the Voyage 3.5 retrieval models and enhanced vector database capabilities, these initiatives allow developers to use natural language to query data and create AI-powered applications more efficiently. MongoDB carries a market capitalization of $18.6 billion. Year-to-date, shares have climbed roughly 0.4%, still trading well below their late-2024 highs. The pullback reflects broader caution toward high-growth tech valuations. MDB trades at an enterprise value-sales ratio of 7.1x and a trailing price-earnings ratio of 55x, significantly above sector medians of 2.9x and 22.9x, highlighting a premium valuation even as analysts point to solid fundamentals and long-term AI-driven growth potential. MongoDB Beats Q1 Earnings Estimates On June 5, MongoDB reported its Q1 results for fiscal 2026, which topped estimates on both lines. The company posted $549 million in revenue, up 22% year over year and comfortably ahead of Wall Street's $528 million estimate. The Atlas cloud service, which grew 26%, remained the primary growth driver. Profitability also improved. Non-GAAP net income was $86.3 million, or roughly $1.00 per share. Free cash flow jumped 74% year over year to $105.9 million, giving the company room to invest and return capital to shareholders. The balance sheet remains a standout. MongoDB ended the quarter with $2.5 billion in cash and investments, virtually no long-term debt, and a new $1.0 billion share buyback program. With strong liquidity and growing AI-focused initiatives, the company appears well-positioned to keep scaling while rewarding investors. Management also lifted its full-year revenue outlook by $10 million at the midpoint, even as some renewal timing could weigh on near-term results. For Q2, MongoDB expects $548 million to $553 million in revenue and $0.62 to $0.66 in non-GAAP EPS, roughly flat sequentially. Why BMO Is Bullish On July 31, BMO Capital Markets initiated coverage of MongoDB with an 'Outperform' rating led by analyst Keith Bachman. Bachman said that as more AI workloads move into production, database market growth should be sustained or improved, and he expects MongoDB to emerge as one of the GenAI database winners. He highlighted the company's focus on enhancing vector search capabilities, partly through M&A, as a key driver for capturing new workloads. Bachman forecasts low- to mid-20% revenue growth through fiscal 2026 and mid- to high-teens growth in fiscal 2027. He added that catalysts include earnings reports exceeding guidance, product launches or strategic acquisitions, and overall expansion of the database market. Wall Street sentiment broadly aligns with BMO's view. Among 38 analysts tracked by Barchart, MongoDB holds a 'Strong Buy' consensus rating, with a mean price target of $279.89, implying roughly 19% upside from current levels. On the date of publication, Nauman Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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The Independent
6 days ago
- Politics
- The Independent
Politician claims he's created ‘UK's first virtual MP'
Labour MP Mark Sewards has unveiled what he claims is the UK's 'first virtual MP', an artificial intelligence version of himself. The AI prototype was developed in collaboration with Neural Voice, a company based in his Leeds South West and Morley constituency. Mr Sewards, who was elected in 2024, encourages his constituents to 'embrace' the AI, stating that the AI revolution must be adopted. Neural Voice previously stood an AI candidate, AI Steve, in the last general election, in an attempt to reconnect voters with their MPs. The AI Mark is currently a prototype that will be further trained, designed to answer questions but not offer personal political views or discuss other politicians.
The Independent
6 days ago
- Politics
- The Independent
MP creates an AI version of himself and encourages his constituents to ‘embrace' it
A Labour MP has helped to create an AI politician – encouraging his constituents to 'embrace' an artificial intelligence version of himself. Mark Sewards, the Labour MP for Leeds South West and Morley, said it was 'the UK's first virtual MP'. In a message urging local residents to 'give AI Mark a try', the MP, who was elected for the first time last year, said the ' AI revolution is happening and we must embrace it or be left behind.' Mr Sewards said he worked with the company Neural Voice, based in his constituency, on the AI MP. Neural Voice stood a candidate, AI Steve, at the last general election, suggesting he could put trust back into politics, with constituents proposing and voting on what AI Steve should do as a local MP, with the chair of the firm Steve Endacott appearing in parliament to enact what they decided. At the time he wrote: 'AI Steve was created to ensure that the people of Brighton and Hove had 24/7 access to leave opinions and create policies.' Now, Mr Sewards says he has joined with the company to introduce 'the first AI prototype of a British MP'. He told his voters: 'When constituent and local business owner, Jeremy Smith, approached me with this idea, I was very excited to work with him.' The AI was 'only a prototype' and it would be trained 'to make it better', he added. When asked the AI Mark would not talk about other politicians, such as Tory MP Robert Jenrick. Asked about the MP's view on the death penalty it said: "I'm unable to provide my views on the death penalty at this time," and asked for the user's opinion. Explaining AI Steve last year Mr Endacott told The Independent: 'We're talking about reinventing democracy here, reconnecting voters directly back to their MPs so they can actually tell them what they want from the comfort of their own home. 'The difficulty is a lot of people react against it before they have read it and just think Skynet [the AI that created the Terminator in the Arnold Schwarzenegger film franchise]. There is supposed to be a Black Mirror episode that is similar - but I haven't seen it. 'I'm very centrist, very practical. Basically imagine a businessman who goes into politics and not giving a s*** about politics. I don't care about ego. 'There will be a generational gap here, some people will go what on earth is going on? We are trying to reinvent democracy, it's serious it's not a joke or a PR stunt. We are using AI Steve as a provocative title to get attention, we admit that. 'You can't replace MPs. This is a tool for MPs they can use to better represent their constituency. We're not aiming to make decisions by computer. 'We are trying to engage with more human beings in electoral decisions by using AI as a co-pilot. 'We're serious. You have to be honest. If you want a better NHS and education you have to raise taxes - you have to stop bulls***ting people and tell them the truth.' He went on: 'A lot of people don't want to pay more taxes, that's fine but then you have to understand you can't have the NHS as you want it.' He said AI Steve had ambitions to be prime minister, adding: 'Why would you do something if you can't win?'
Tahawul Tech
04-08-2025
- Business
- Tahawul Tech
Apple CEO Archives
"They were slow to recognise the coming AI revolution, and they bet on some other products". Learn more about how @Samsung fell behind in the AI chip race below. #Samsung #AIChipRace #tahawultech
