Core Viewpoint - The stock market is expected to see a shift from large-cap dominance to a focus on high-growth midcap stocks in the latter part of 2025, with potential changes in interest rates and inflation impacting investor sentiment [2][27]. Group 1: Stock Recommendations - Five stocks are highlighted for September 2025, characterized by optimistic outlooks, positive cash flow, and manageable debt levels [3]. - The stocks are ranked by market capitalization, with detailed metrics provided for each [3]. Group 2: Monday.com Ltd. (MNDY) - Expected EPS growth for Monday.com is over 25%, with a price target upside above 35% [4]. - The stock price is currently $193, with an expected EPS of $0.62 for 2024 and a projected growth of 550.4% this year [5]. - The company has a positive free cash flow and a debt/free cash flow ratio under 2, indicating strong financial health [4]. Group 3: Wix.com Ltd. (WIX) - Wix.com has a strong buy rating from eight analysts, with an average price target of $214.84 and a consensus EPS target of $6.92 for 2025, up from $2.36 in 2024 [11]. - The company has seen free cash flow grow from $32 million in 2022 to $488 million in 2024, driven by increased demand for its services [11]. Group 4: Dolby Laboratories (DLB) - Dolby has a strong buy rating from two analysts, with an average price target of $102.25 and a consensus EPS target of $4 for fiscal 2025, up from $2.69 in fiscal 2024 [14]. - The company reported $68 million in operating cash flow in the last quarter and has $777 million in cash and investments on its balance sheet [15]. Group 5: Krystal Biotech (KRYS) - Krystal Biotech is rated a strong buy by seven analysts, with an average price target of $204.90 and a consensus EPS target of $5.06 for 2025, up from around $3 in 2024 [20]. - The company estimates a global market opportunity for its product Vyjuvek exceeding $1 billion, with plans for expansion into various markets [21]. Group 6: Harmony Biosciences Holdings (HRMY) - Harmony Biosciences has a strong buy rating from five analysts, with an average price target of $55.33 and a consensus EPS expectation of $3.21 for 2025, up from $2.51 in 2024 [24]. - The company's flagship product, Wakix, generated $714.7 million in sales for 2024, reflecting a 20% annual gain [25].

(L to R) Jensen Huang, President and CEO of Nvidia Corporation, Google CEO Sundar Pichai, and Mark Zuckerberg (R), CEO of Meta, arrive for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)AFP via Getty ImagesGoogle has begun placing its Tensor Processing Units (TPUs) in data centres run by smaller cloud providers that have long relie ...

Core Insights - Nebius Group announced a significant deal with Microsoft to supply GPU infrastructure capacity valued at $17.4 billion over five years, leading to a 45% increase in its stock price in after-hours trading [2][3] - The deal is transformative for Nebius, with expected annual revenues exceeding $3.5 billion, a substantial increase from the anticipated $570 million for 2025 [3] - Nebius operates in a new category called "Neoclouds," focusing on high-performance infrastructure specifically for AI tasks, differentiating itself from traditional cloud service providers [2][4] Financial Implications - The contract with Microsoft includes an option for an additional $2 billion in services, indicating strong demand for AI compute capacity [3] - Nebius plans to finance growth through cash flow generated from the contract and secured debt, which will support capital expenditures [4] Competitive Advantages - Nebius has a close partnership with Nvidia, which provides access to advanced GPUs, giving it a competitive edge in a constrained GPU market [6] - The company employs a vertically integrated model, designing its own servers to reduce costs and optimize performance, allowing for faster deployment cycles [7] - Nebius's ability to manage both hardware and software enables fine-tuning of performance for specific AI workloads, providing a long-term competitive advantage [9] Valuation and Growth Prospects - Nebius stock trades at approximately 40 times consensus FY'25 revenue, compared to larger competitor CoreWeave at about 10 times, justified by strong growth prospects [8] - Sales are expected to grow by 160% next year, significantly boosted by the Microsoft deal, indicating robust future performance [8] Financial Health - As of the latest quarter, Nebius has a debt of $1.2 billion and a debt-to-equity ratio of less than 5%, with a cash-to-assets ratio of 32.9%, suggesting a solid balance sheet [9]

Group 1 - Eightco Holdings (NASDAQ: OCTO) saw a share price increase of over 3,000% after announcing its strategy to establish a treasury focused on Worldcoin, securing $20 million in investments from BitMine and a private placement of 171.2 million shares at $1.46 each [2] - The stock surged from a closing price of $1.43 to an intraday high of $83.12, before settling at $45.08, while Worldcoin's market capitalization rose to approximately $3 billion, reflecting a price increase of over 40% [2] - Eightco is considering adding Ether as a secondary reserve asset, indicating a potential diversification strategy within its treasury [2] Group 2 - Companies outside the digital asset sector are increasingly adopting crypto treasury strategies, dedicating cash reserves to cryptocurrencies to attract tech-oriented investors and replicate the success of firms like MicroStrategy [3] - The strategy of accumulating cryptocurrencies is speculative and carries risks, including potential liquidity crises if token prices crash, as cryptocurrencies are known for their volatility [4] - Despite the recent surge, Eightco's market capitalization remains below $140 million, categorizing it as a microcap company, which may limit its stability and growth potential [4] Group 3 - The Trefis High Quality (HQ) Portfolio, consisting of 30 stocks, has shown a consistent track record of outperforming benchmarks like the S&P 500, indicating that stocks within this portfolio yield better returns with less risk [5] - The HQ Portfolio provides a smoother investment journey, as evidenced by its performance metrics compared to broader market indices [5]

Safra Catz, CEO of Oracle, at a dinner hosted by President Donald Trump with tech leaders last week. AFP via Getty ImagesOracle shares have soared 99% since the beginning of 2025 – with more than half of that gain coming in pre-market trading on Wednesday.Why did this happen? After all, the Austin-based tech company announced results for the first quarter of its fiscal year 2026 that fell short of expectations. What sent Oracle stock soaring another 54 percentage points was the company’s outlook for the fut ...

Core Insights - The U.S. job market has experienced a significant downward revision, with the Bureau of Labor Statistics (BLS) reporting 911,000 fewer jobs added in the year ending March 2025 than previously estimated, marking the largest downward revision on record [1][2] Group 1: Job Market Revisions - The recent revision follows an 818,000 job reduction last year, which was the second-largest revision since 2003, indicating a trend of substantial adjustments in job data [2] - The BLS's nonfarm payrolls are based on employer surveys, which struggle to accurately capture new businesses that emerge or close between reporting periods, leading to potential inaccuracies in job creation estimates [4][6] Group 2: Business Formation Trends - There has been a notable increase in new business applications, averaging over 400,000 per month since the pandemic, compared to about 300,000 per month before 2020, suggesting a shift in entrepreneurial activity [7] - The surge in new business formations is impacting key economic indicators, as highlighted by economists who note that the BLS's birth-death model may not be accurately reflecting the current job market dynamics [8][9] Group 3: Economic Implications - The BLS's benchmark revisions, which reconcile monthly estimates with actual employment records, have become significantly larger due to the rise in new business formations, indicating a disconnect between traditional models and current realities [6][10] - Economists express concerns that the birth-death model may be overly optimistic regarding new business survival rates and job creation, suggesting a need for the BLS to adjust its methodologies to better capture the evolving job landscape [9][10]

Core Viewpoint - Klarna, a Swedish buy-now, pay-later fintech firm, successfully began trading on the New York Stock Exchange, reflecting strong investor demand and a significant valuation increase from its initial public offering price. Company Overview - Klarna started trading at $52, a 30% increase from its IPO price of $40, which was raised from an initial target of $35 to $37 due to high demand, resulting in a valuation of $15.1 billion [1] - The company raised $1.37 billion through the offering of 34.3 million shares, with $200 million allocated to the company and $1.17 billion to existing shareholders [1] - Klarna's market capitalization reached $19.6 billion at the trading price of $52 [1] - Founded in Stockholm in 2005, Klarna expanded into the U.S. market in 2019 and is recognized for its buy-now, pay-later payment model, allowing customers to split purchases into four payments over six weeks or opt for longer-term financing [4] Industry Context - Klarna is the first of three notable fintech firms going public this week, alongside Figure and Gemini, indicating a resurgence of investor interest in IPOs [2] - The company faced challenges in profitability since 2019, with rising competition from firms like Affirm, which has seen a stock increase of nearly 44% this year and reported profits for the first time last quarter [5] - Klarna reported losses of $52 million on revenue of $823 million for the quarter ending June 30, compared to a $7 million loss on $682 million in revenue during the same period in 2024 [5] - The IPO was underwritten by major financial institutions including Goldman Sachs, JPMorgan, and Morgan Stanley [6]

Core Insights - Wholesale prices unexpectedly declined by 0.1% in August, contrary to Wall Street's expectation of a 0.4% increase, as reported by the Bureau of Labor Statistics [1][2] - This decline marks the first decrease in wholesale prices since a 0.3% drop in April, indicating potential shifts in market dynamics [2] - The headline Producer Price Index (PPI) increased by 2.6%, significantly below the estimated 3.3% rise and July's 3.1%, while core PPI also fell unexpectedly by 0.1% [2] Price Movements - The decrease in wholesale prices was influenced by a 2.3% increase in tobacco product prices, alongside a 2% rise in portfolio management costs and a notable 6.9% increase in coffee prices [3] Economic Context - Upcoming consumer price index data is anticipated to show inflation rising to 2.9% in August from 2.7% in July, which will be critical for the Federal Reserve's interest rate decisions [4] - The Federal Reserve is currently considering a potential interest rate cut, with Wall Street assigning a 100% probability to this outcome [4] Market Reactions - President Trump praised the wholesale prices report, interpreting it as a sign of no inflation and urging the Federal Reserve to lower interest rates [5] Labor Market Insights - Recent unemployment data indicated a rise in the unemployment rate to 4.3% in August, which was above expectations, highlighting a deteriorating labor market [6] - The jobs report revealed that the U.S. had more unemployed individuals (7.2 million) than job openings (7.18 million) for the first time since April 2021, suggesting increased labor market uncertainty [6]

ToplineUber will offer helicopter and seaplane rides on its app next year, the company said, partnering with Joby Aviation—a month after the vertical aviation company purchased air taxi service Blade for $125 million.Joby Aviation acquired Blade for $125 million in August.Getty ImagesKey FactsUber users will be able to book Blade helicopters and seaplanes on “as soon as next year,” the companies said in a statement, but did not name a specific month.Blade offers rides from destinations around the New York C ...

Core Insights - Oracle's stock experienced a significant rally, with shares soaring 38% to approximately $334, marking the largest intraday gain since December 1992 [1][2] - The company's market capitalization increased from $678.4 billion to around $940 billion following the surge in stock price [2] - Oracle's projections for cloud infrastructure revenue are highly optimistic, estimating growth from $18 billion this fiscal year to $144 billion by fiscal year 2030 [2] - Remaining performance obligations, indicating contracted revenue yet to be recognized, surged 359% to $455 billion due to multiple multibillion-dollar contracts [3] Financial Performance - Oracle reported first-quarter earnings per share of $1.47 and revenue of $14.9 billion, slightly below economists' expectations of $1.48 EPS and $15 billion in revenue [6] - The company's chairman, Larry Ellison, saw his net worth increase by nearly $100 billion, bringing his total fortune to approximately $391.8 billion, positioning him as the second-wealthiest person globally [4] Analyst Reactions - Analysts expressed astonishment at Oracle's cloud computing forecasts, with comments highlighting a "seismic shift" in computing and describing the growth in remaining performance obligations as "amazing" [5] - Deutsche Bank and TD Cowen analysts specifically noted the significance of Oracle's results, indicating a transformative moment for the company [5]