Amer Sports Inc (AS) Stock News

Eva Live Inc. (NASDAQ: GOAI) announced a Letter of Intent to acquire a controlling 51% interest in Airbeam Wireless Technologies for approximately $16 million, with an option to acquire the remaining 49%. The acquisition provides access to over 260 patents and advanced millimeter-wave semiconductor technology built on more than $150 million in cumulative R&D investment. Eva Live aims to combine Airbeam's wireless technology with its AI platform to develop next-generation communications for autonomous drone swarms, resilient military networks, smart cities, and satellite infrastructure, targeting a $3 trillion global opportunity.

Meta Platforms trades at an attractive valuation of 18.7x forward earnings, cheaper than peers like Amazon (29x) and Alphabet (25x), while maintaining the fastest growth rate in its peer group. The stock has rallied on rumors of a new cloud computing division that could monetize excess AI computing capacity. However, market skepticism persists due to Meta's massive spending on AI infrastructure without clear returns, and its poor track record with cutting-edge technologies. The author views Meta as undervalued with a bright future driven by its strong ad business, potential cloud computing venture, and AI products.

The article compares TSMC and ASML as investment opportunities in the AI semiconductor ecosystem. TSMC has a virtual monopoly on advanced logic chip manufacturing and is benefiting from strong AI demand with 34% Q2 revenue growth and 67.6% gross margins. ASML holds a monopoly on EUV lithography machines essential for chip production but shows slower growth (21% Q2 revenue) and lower margins (54%). The author recommends TSMC as the better buy, trading at a forward P/E of 19x versus ASML's 30.5x, citing superior growth prospects and undervaluation.

ASML raised its 2026 sales outlook to 43-45 billion euros, driven by strong AI-related chip demand. The company plans 30% capacity expansions for its EUV lithography machines in 2027 and 2028. While the business fundamentals are strong with potential for 8-12% annual returns over five years, the stock's 121% run-up has created a valuation risk, trading at 40x 2026 earnings with limited room for error.

Rosen Law Firm is notifying investors who purchased Erasca, Inc. (ERAS) stock between January 14, 2025 and April 26, 2026 about a securities class action lawsuit. The lawsuit alleges that Erasca and its executives made false and misleading statements about its lead oncology drug candidate ERAS-0015, including improper comparisons to a competing drug and undisclosed patent disputes. The deadline to serve as lead plaintiff is August 10, 2026.

PODCAST: Iran hits Gulf allies, Trump Media and Taco Bell's shredded lettuce  Reuters

Bitget has launched a Cross-Asset Unified Account that integrates over 370 assets, including 100 tokenized US stocks (rTokens), into a single margin pool. This innovation allows users to leverage tokenized equities alongside cryptocurrencies for trading, borrowing, and portfolio management through one account, representing the third evolution in exchange account architecture focused on capital efficiency.

ASML, which holds a practical monopoly on extreme ultraviolet (EUV) lithography technology, is seeing surging demand for its equipment driven by booming AI chip and memory markets. The company reported Q2 revenue of €9.3 billion, beating guidance, and raised its 2026 revenue forecast to €43-45 billion. With plans to increase manufacturing capacity by 30% and potentially another 30% in 2028, ASML appears well-positioned for long-term growth despite trading at a premium 35.5x forward P/E ratio.

PODCAST: Data centers: Small town politics turn into a national fight  Reuters

AST SpaceMobile is preparing to launch commercial satellite-based broadband services in early 2027, differentiating itself from Starlink through partnerships with major telecom providers like AT&T and Verizon. The company generated $15M in Q1 2026 revenue and projects $1B annual revenue post-launch, but faces execution risks. The stock has declined nearly 60% from recent highs, making it suitable only for aggressive investors willing to wait for proof of commercial viability.

Iovance Biotherapeutics announced the grant of inducement stock options covering 139,930 shares to seventeen new non-executive employees on July 16, 2026, with an exercise price of $4.66 per share and a three-year vesting schedule. The grants were made under the company's Amended and Restated 2021 Inducement Plan in compliance with Nasdaq Listing Rule 5635(c)(4).

Meta is planning massive AI data center spending of $125-145 billion in 2026 alone, but CEO Mark Zuckerberg has not provided concrete details on expected returns on investment. While the company's advertising business is performing well, analysts question whether these unprecedented capital expenditures will generate adequate returns. Meta's recent announcement to lease excess compute capacity suggests potential overbuilding.

The article compares two aerospace technology stocks: Archer Aviation, developing electric vertical takeoff and landing aircraft for urban air mobility, and AST SpaceMobile, building a space-based cellular broadband network. While Archer faces regulatory certification hurdles and slower revenue generation, AST SpaceMobile shows stronger revenue growth trajectory and competitive moats through partnerships with major telecom operators. The analyst recommends AST SpaceMobile as the better buy for 2026 due to its faster path to profitability and established partnerships, despite higher capital expenditures.

SpaceX and AST SpaceMobile are competing in the satellite communications space with different business models. SpaceX dominates rocket launches and operates Starlink with 10.3 million subscribers but faces massive capital requirements and negative free cash flow of -$14 billion in FY 2025. AST SpaceMobile is building a direct-to-device cellular network with partnerships from major carriers and expects profitability by 2027, though it currently has negative free cash flow of -$1.1 billion. The article recommends AST SpaceMobile as the better 2026 buy due to its more focused business plan and earlier path to profitability.

Soitec reports on its liquidity contract managed by BNP Paribas for the first half of 2026. During H1 2026, 227,346 shares were purchased for €17.36 million and 288,875 shares were sold for €23.29 million across 4,546 transactions. The liquidity account held 24,442 shares and €6.36 million as of June 30, 2026.

AST SpaceMobile's stock plummeted 25% this week after the company announced a $1 billion convertible bond offering, surprising investors given its $3 billion cash balance. The company faces significant headwinds including $1.37 billion in annual cash burn, operational delays from Blue Origin launch failures, and a high conversion price of $79.60 versus the current $55 share price. Despite the decline, the stock remains expensive relative to fundamentals.

SpaceX has fallen back to its IPO price of $135. The article compares two alternatives: AST SpaceMobile, which focuses on satellite-based broadband through telecom partnerships but doesn't launch its own satellites, and Rocket Lab, which will become fully integrated after acquiring Iridium Communications. All three companies are unprofitable startups, making them suitable only for aggressive growth investors.

The Rosen Law Firm announced an investigation into potential securities claims against Alarum Technologies Ltd. (NASDAQ: ALAR) for allegedly issuing materially misleading business information. The investigation was triggered after Alarum disclosed on July 2, 2026, that the FBI seized domains associated with its subsidiary NetNut Ltd. The stock fell 51.49% on July 6, 2026, following the announcement. The firm is preparing a class action lawsuit to recover investor losses.

Rosen Law Firm is investigating potential securities claims against Blaize Holdings, Inc. (NASDAQ: BZAI) following allegations of materially misleading business information. The investigation was triggered by a short seller report claiming Blaize's $50 million NeoTensr deal is fraudulent, which caused the stock to fall 12% on April 28, 2026. The firm is preparing a class action lawsuit to recover investor losses.

A class action lawsuit has been filed against PicS N.V. (PicPay) alleging that IPO offering documents contained false and misleading statements regarding credit evaluation procedures, loan quality, and undisclosed credit deterioration. The stock has declined over 50% from its $19 IPO price to below $9 per share. Investors have until August 4, 2026 to apply to be appointed as lead plaintiff.

Amazon's AWS division posted impressive 28% YoY revenue growth in Q1 2026 with a $364 billion backlog, driven by AI demand. However, the backlog heavily relies on spending commitments from Anthropic and OpenAI, which have combined annual revenues of only $72 billion against $27 billion in yearly AWS obligations. Amazon plans $200 billion in capital expenditures for 2026, resulting in negative free cash flow, creating uncertainty about the sustainability of these commitments.

Law firm Lowey Dannenberg is investigating The Ensign Group for potential federal securities law violations following short-seller reports alleging systemic quality-measure gaming, falsified care-quality data, improper related-party billing, and possible Medicare/Medicaid fraud. The allegations caused significant stock price declines and shareholder losses.

Lowey Dannenberg P.C. has filed a class action lawsuit against Hub Group, Inc. (NASDAQ: HUBG) alleging violations of federal securities laws. The lawsuit covers investors who purchased Hub Group securities between April 28, 2023, and May 11, 2026. Defendants are accused of making materially false and misleading statements regarding premature revenue recognition, understatement of costs, and internal control effectiveness. The stock declined significantly when the truth was revealed. The firm is seeking investors with losses exceeding $100,000 to participate in the lawsuit, with a Lead Plaintiff deadline of August 28, 2026.

SoFi Technologies has demonstrated exceptional customer growth, expanding from 5.2 million members in 2022 to 14.7 million by March 2026, representing 183% growth. The digital-only fintech company's competitive advantages include a superior user experience, innovative product pipeline, and high-yield savings accounts (3.1% APY), which have driven deposits to $40.2 billion. Management projects 30% annualized revenue growth from 2025-2028, supported by cross-selling opportunities and expanding customer base.

Micron Technology is positioned to benefit from surging AI-driven memory demand, with the memory market forecast to exceed $1 trillion by 2027. CEO Sanjay Mehrotra emphasizes the company is in early innings of AI adoption, with future growth expected from robotics and autonomous vehicles. Despite a 687% stock surge over the past year, Micron trades at a P/E ratio of 23, considered a bargain relative to the tech sector average of 37.

AST SpaceMobile announced a $1 billion capital raise through convertible senior notes with a conversion price of ~$80/share, causing the stock to plunge 16.5%. The decline reflects investor concerns about dilution and poor timing, as the stock has fallen nearly 60% since May. Additionally, competition from SpaceX's Starlink poses a significant threat, particularly regarding access to orbital slots which SpaceX largely controls.

Kaplan Fox has filed a class action lawsuit against Lucid Group (NASDAQ: LCID) on behalf of investors who purchased securities between February 25, 2026 and April 13, 2026. The lawsuit alleges that Lucid made false and misleading statements regarding its manufacturing capabilities and failed to disclose a significant supplier quality issue that disrupted Lucid Gravity deliveries for 29 days. Following the disclosure of lower-than-expected Q1 2026 financial results, Lucid's stock price declined sharply. The deadline to serve as lead plaintiff is July 28, 2026.

Kaplan Fox has filed a class action lawsuit against PicS N.V. on behalf of IPO investors, alleging the company made false statements and failed to disclose material information about deficient credit evaluation procedures, reclassification of R$590 million in exposures to Stage 3, and undisclosed credit quality deterioration. PicS shares fell 22.5% following the March 2026 earnings announcement and have declined over 50% from the $19 IPO price.

Rocket Lab generates approximately $200 million in quarterly revenue with 60% year-over-year growth and a $2 billion backlog, while AST SpaceMobile expects only $150-200 million for all of 2026. Rocket Lab represents a lower-risk, established business with proven revenue streams, whereas AST SpaceMobile is transitioning from development to commercial service with higher upside potential if its satellite-to-phone technology scales successfully.

AST SpaceMobile has secured carrier validation from AT&T, Verizon, and dozens of global partners, strengthening its satellite-to-phone business thesis. However, the stock remains high-expectation with execution risks dependent on successful launches, activation, and achieving recurring revenue.