Core Insights - Blaize Holdings, Inc. (NASDAQ:BZAI) has announced a partnership with Technology Control Company (TCC) to enhance AI infrastructure in Saudi Arabia, aiming to support the country's digital transformation goals [1][2][3] - The collaboration will leverage Blaize's hybrid AI platform and TCC's regional expertise to deliver energy-efficient AI solutions across various industries in the Gulf region, focusing on smart infrastructure and public safety [2][3] - The partnership includes joint training programs and co-development of AI applications to accelerate technology adoption in the region [3] Company Positioning - B. Riley analyst Craig Ellis initiated coverage of Blaize with a Buy rating and a price target of $9, highlighting the company's unique position in the enterprise AI space, which is still in early adoption stages [4] - Blaize designs and builds edge-computing processors and software platforms for diverse markets, including automotive, defense, smart infrastructure, and industrial systems [4]

Core Insights - The article highlights 13 tech stocks under $10 that present investment opportunities due to their potential for revenue growth, profit improvement, and market share expansion [2][6] - The current technology market is experiencing a boom, particularly driven by artificial intelligence, although not all AI-related companies are deemed worthy of their high valuations [3][5] - The methodology for selecting these stocks involved screening U.S.-listed tech companies under $10, with additional filters for market capitalization and upside potential [8] Group 1: Market Context - Many tech stocks under $10 are involved in rapidly growing sectors such as software, semiconductors, cybersecurity, and digital services [2] - Tom Lee from Fundstrat noted that the technology market is in a significant boom, with AI creating substantial growth opportunities, but cautioned that some companies may not sustain their high valuations [3] - Comparisons were made to the late 1990s, indicating that current valuations are more reasonable than those seen during that period, with Nvidia trading at approximately 26 times forward earnings compared to Cisco's 60 times at a similar stage in 1998 [4] Group 2: Investment Methodology - The selection process for the best tech stocks under $10 involved screening for companies trading below this price, with a minimum market capitalization of $300 million and an estimated upside potential exceeding 20% [8] - The final list was based on the number of hedge funds holding positions in each stock, indicating a level of confidence from institutional investors [9] Group 3: Featured Companies - **Blaize Holdings Inc. (NASDAQ:BZAI)**: Stock price at $3.90 with a potential upside of 99%. The company announced a partnership with Technology Control Company to enhance AI infrastructure in Saudi Arabia [11][12] - **Ribbon Communications Inc. (NASDAQ:RBBN)**: Stock price at $3.80 with a potential upside of 60%. The company launched an AI-powered automation platform, Acumen, aimed at modernizing network management for telecom operators [15][16]

Company Performance - 3M Company reported second-quarter 2025 results with GAAP sales of $6.3 billion, reflecting a year-over-year increase of 1.4% and adjusted sales of $6.2 billion, which beat the consensus estimate of $6.09 billion [2] - Adjusted earnings per share rose 12% year over year to $2.16, surpassing the Street estimate of $2.01 [2] Future Guidance - 3M raised its 2025 Adjusted EPS guidance to a range of $7.75-$8.00 from a prior range of $7.60-$7.90, compared to the consensus of $7.68 [3] - The company expects 2025 adjusted sales organic growth of approximately 2%, with operating cash flow projected between $5.1 billion and $5.5 billion, indicating over 100% free cash flow conversion [3] Stock Movements - Telomir Pharmaceuticals, Inc. saw its shares increase by 81% to $2.19 following the announcement of gene silencing data [8] - MEI Pharma, Inc. shares surged 33% to $5.99 after announcing a $100 million private placement [8] - Blaize Holdings, Inc. shares rose 45% to $4.39 after a $120 million agreement for deploying its hybrid AI platform [8] - LQR House Inc. shares dropped 65% to $2.29 due to plans to integrate cryptocurrency and blockchain technology [8] - Northern Dynasty Minerals Ltd. shares fell 48% to $0.8398 after insider trading disclosures [8] - Draganfly Inc. shares decreased by 23% to $5.55 following a $25 million registered direct offering [8]