See what is moving the market—and why it matters.

Tigress Financial Partners has raised its price target on Alphabet (GOOGL) to $485 from $415, maintaining a Strong Buy rating. The firm cites Alphabet's AI leadership as a key driver for growth across its Search, Cloud, and YouTube businesses 🔗.

Key points:

• AI investments are expanding Search capabilities and strengthening advertising performance.
• Google Cloud and AI platforms (Gemini, TPUs) are creating new monetization channels.
• Strong Q2 results showed Search momentum, rising Cloud growth, and margin expansion.
• The company's revenue surged 20% over the last twelve months to $445.87 billion 🔗.

The U.S. State Department has approved a potential $24.3 billion foreign military sale of 48 F-35 Lightning II fighter jets to Saudi Arabia 🔗. This significant deal aims to bolster Saudi Arabia's air capabilities and interoperability with U.S. and allied forces. Principal contractors include Lockheed Martin Aeronautics and Pratt & Whitney Military Engines 🔗.

This approval is a major geopolitical and defense sector development, signaling continued U.S. support for Saudi security objectives and potentially benefiting key defense contractors.

GlobalFoundries (GFS) rallied 4.8% after Nikkei reported active US-Japan negotiations for a $12.85B-$19.27B semiconductor factory in the US, with GFS as the expected operator 🔗.

Further catalysts include:

• Expanded multi-year agreement with Marvell Technology to boost SiGe manufacturing for AI data centers 🔗.
• Stifel reiterating a Buy rating and $60 price target, citing a $2B-$4B silicon photonics revenue opportunity by 2030 🔗.

These developments signal significant growth potential in both government-backed manufacturing and the burgeoning AI infrastructure market.

The SEC has issued an "Innovation Exemption," creating a regulatory pathway for tokenized stocks to trade in the U.S., effective immediately 🔗. This move follows the recent failure of the Clarity Act in the Senate. The guidance allows certain trading venues and liquidity providers to facilitate tokenized stock trading under specific conditions, including ensuring token holders retain the same rights as traditional equity and allowing companies to object to tokenization 🔗.

Robinhood Markets (HOOD) shares rose 6% on the news, as the exemption aims to modernize capital markets and facilitate on-chain trading 🔗.

Generac Holdings Inc. (GNRC) stock is surging +34.47% pre-market after announcing a landmark, long-term supply agreement with Amazon.com. The deal, valued at up to $8 billion, will see Generac provide backup power generators for Amazon’s expanding data center operations. Initial deliveries of $2.4 billion are scheduled for 2027-2028. This strategic pivot expands Generac into hyperscale data center backup power, a significant new market 🔗.

Raiffeisen Bank International (RBI) stock fell 7.3% after Grizzly Research published a short report alleging the bank is a central conduit for circumvention of Western sanctions on Russia. Key points:

• Sanctions Allegations: Grizzly claims RBI's Russian subsidiary is linked to ~$1.19 billion in sanctioned goods trade, with staff willing to facilitate transactions 🔗.
• Undisclosed Dependency: Report suggests RBI has an undisclosed dependency on its Russian operations 🔗.
• Legal & Geopolitical Risks: Additional concerns raised about RBI's €3.15 billion claim against Rasperia and potential seizure of trapped Russian cash by Moscow 🔗.

RBI firmly denied the allegations, but the report amplified existing investor concerns regarding the bank's Russia exposure and exit strategy 🔗.

Arm Holdings' CEO Rene Haas expressed increased confidence in achieving the $2 billion revenue target for its new AGI CPU data center chip. This follows earlier concerns about supply constraints, which had previously impacted the stock. Haas's comments suggest significant progress in securing manufacturing capacity, a critical factor for the company's expansion into selling complete chips. This positive update could alleviate investor worries and support Arm's growth trajectory in the competitive AI chip market 🔗.

Generac Holdings (GNRC) shares jumped 18% after-hours following a long-term supply agreement with Amazon.com. Generac will provide backup power generators for Amazon data centers, with payments totaling up to $8 billion. Initial deliveries are expected to reach $2.4 billion across 2027 and 2028. As part of the deal, Generac issued a warrant to Amazon to acquire up to 1.69 million shares at $200.93 per share 🔗.

Boeing (BA) shares fell 6% after CEO Kelly Ortberg flagged ongoing production constraints for the 737 program and stated free cash flow above $2 billion is now 'less likely' for the year, despite maintaining full-year guidance 🔗. Separately, J.B. Hunt (JBHT) tumbled nearly 13% after its CFO warned Q3 earnings would drop 5-10% sequentially, citing $25 million in driver costs and over $10 million in fuel headwinds 🔗. Both companies highlight significant operational and cost pressures impacting their outlooks.

Intel (INTC) shares could double from current levels, according to Melius Research, which reiterated a Buy rating and a two-year price target of $165, with potential for $200. The analyst highlights the increasing value of Intel's foundry business amid AI-driven demand for domestic chip production. The recent $20 billion stock sale to fund foundry ambitions is seen as a sign of management conviction. The foundry and product businesses could each be worth over $80, with the foundry potentially spinning off as a 'US Foundry National Champion' by 2030 🔗.