1. Baidu trades at historical levels not seen since 2011 despite strong growth prospects. 2. The company is set to report Q2 earnings on August 22, which may reveal the impact of Apollo Go robotaxis and generative AI on revenue growth. 3. The stock is currently valued at less than 8x 2025 EPS targets, with startup units affecting margins.

1. Cisco is expected to report earnings this week with low expectations due to recent layoffs and weak IT spending. 2. The company remains optimistic in the long term due to its high-quality business model, attractive valuation, and growing software and cybersecurity operations. 3. The stock is trading at a discounted valuation with low expectations, potentially offering a good entry point for long-term investors.

1. Devon Energy's shares have significantly dropped since October 2022 but are currently trading at a low valuation with a high free cash flow yield. 2. The acquisition of Grayson Mill assets is expected to enhance DVN's production and financial performance, making it one of the largest domestic onshore upstream producers. 3. Despite risks including political and competitive pressures, DVN's valuation and strategic moves make it an attractive investment opportunity.

1. AMD's stock has experienced a significant pullback, making it oversold and potentially primed for a positive momentum change. 2. The company's recent earnings beat estimates, with strong revenue growth in data center and client segments. 3. AMD is expected to witness substantial growth ahead, with potential EPS estimates ranging from $10 to $12 by 2026/2027, making it likely an undervalued investment opportunity.

1. AMD's Q2 2024 revenue reached $5.8 billion, a 7% sequential and 9% year-over-year increase, driven by a record $2.8 billion in Data Center revenue. 2. Instinct MI300 achieved over $1 billion in quarterly revenue for the first time, contributing significantly to AMD's AI business. 3. Despite a 30% sequential decline in the Gaming division, AMD expects strong growth in the second half of the year, supported by demand for Instinct, EPYC, and Ryzen processors.

1. The second quarter earnings season will be in focus with major companies like Alphabet and Tesla releasing their results. 2. The economic calendar will highlight the June personal income and outlays report, including the core PCE price index. 3. Notable events include the Bitcoin 2024 Conference and the start of the Paris Olympics.

1. The focus shifts to Q2 earnings season with major companies like Goldman Sachs, UnitedHealth, Johnson & Johnson, and Netflix reporting. 2. The Fed remains in the spotlight with several central bank speakers ahead of the blackout period. 3. Economic data will include retail sales and industrial production reports. 4. IPOs from Ardent Health Partners, Twfg, and Lirum Therapeutics are expected to price and start trading.

1. Twilio reported Q1 FY24 earnings with a 4% revenue growth and a 54% increase in earnings, beating estimates. 2. The management raised profitability outlook for FY24 while keeping revenue guidance unchanged, which slightly dampened investor sentiment. 3. The company is focusing on financial discipline and targeted AI-led product innovations to accelerate 'time-to-value' for customers, suggesting potential for re-acceleration of growth in the low teens in FY25 and beyond.

1. The article previews Nvidia's upcoming earnings release, focusing on the company's performance in the data center market and its impact on the semiconductor supply chain. 2. Nvidia's dominance in the data center market has led to significant shifts, including a transition from CPU to GPU and from components to systems, affecting competitors like Intel. 3. The article also discusses the changes in the supply chain due to the AI revolution, highlighting the shift from standard DRAM to High-Bandwidth Memory and new packaging technologies like CoWoS by TSMC.

1. Allegro MicroSystems plans to release Q2 FY2024 financial results on November 2, 2023. 2. A conference call will be hosted by the President and CEO, Vineet Nargolwala, and the Senior VP and CFO, Derek D’Antilio, at 8:30 a.m. EDT. 3. The call will include discussion of the company's results and business outlook, with a live and archived webcast available on the company's website.

1. Allegro MicroSystems plans to release Q1 FY2024 financial results on August 1, 2023. 2. A conference call will be hosted by the President and CEO, Vineet Nargolwala, and the Senior VP and CFO, Derek D’Antilio, at 8:30 a.m. EDT. 3. The conference call will include a discussion of the company's results and business outlook.