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- Everpure (P) stock trades up, here is why
Shares of Everpure (NYSE:P) rose 2.6% in the afternoon session after the company said it co-developed the Cisco AI POD with FlashStack with Cisco, an infrastructure design for enterprise AI factories. Everpure says the Cisco Validated Design combines Cisco UCS, NVIDIA compute, Cisco Nexus, FlashBlade//S500, Portworx and Red Hat OpenShift AI to help customers move from AI pilots into production inference. It also highlighted the Pure Key-Value Accelerator, a persistent distributed KV cache that integrates with vLLM and NVIDIA Dynamo, and demonstrations at GTC Berlin. The shares were trading at $131.01, up 3.5% from the previous close. Seven days earlier, the stock had dropped 7.6% after September inflation rose to 3.7%, above expectations.
- Western Digital Lost One Third Its Value Over 3 Months: It’S Ready to Provide 175% Returns Says This Wall Street Pro
Western Digital (WDC) trades at $380.71, down 32.4% over three months from $563.14, despite beating earnings five straight times and posting fiscal Q4 revenue of $3.75 billion, up 43.8%. The selloff was partly driven by a Nikkei report that Toshiba plans to invest about ¥60 billion ($380 million) to double hard-disk-drive production capacity by fiscal 2027, challenging the supply discipline that supports HDD pricing. Gross margin rose from 43.9% to 54.4% across fiscal 2026, guidance for the current quarter is 55–56%, and customers have signed long-term agreements reaching 2029, 2030 and 2031. The average analyst price target is $668.50 (75.6% upside), while the stock is still up 121.24% year to date. The article says the bullish case depends on long-term contract pricing and margins holding, while Toshiba's added capacity could push down pricing per terabyte.
- Rapid Growth, High Volatility, and Near 50% Upside Confound Seagate Technology Investors
Seagate Technology (STX) shares fell 15.09% in one week to $753.25, even though analysts made no downward earnings estimate revisions, and the average price target of $1,142.17 implies 51.6% upside. Fiscal 2026 revenue rose 34.06% to $12.195 billion with record free cash flow of $3.1 billion, and the stock is up 174.44% this year, though it sits about 34% below its 52-week high of $1,143.27 after Barron's flagged a Toshiba problem for hard drive makers. Management said nearline capacity is almost fully allocated through calendar 2027, and Seagate has beaten EPS estimates for five straight quarters, with fiscal Q1 EPS guidance of $7.30. Risks include data center sales making up 80% of revenue and reliance on a few hyperscalers, a beta of 2.081, competition from Toshiba and Western Digital, and exchangeable notes due 2028 that could dilute shareholders. Of the 25 covering analysts, 4 rate the stock Strong Buy, 18 Buy, 2 Hold and 1 Strong Sell.
- Is Western Digital (WDC) a Good or Bad Investment at Today’s Price?
Western Digital (NASDAQ: WDC) closed at $397.28 on October 9 and has returned 13.4% over the past six months, trailing both the Insider Monkey Billionaire Index (24.3%) and the State Street SPDR S&P 500 ETF Trust (15.1%). The article argues that most of the reported net profit came from marking up a retained SanDisk stake after its February 2025 separation, while free cash flow came in well below net income. It calls the 43.80% revenue growth and 43.61% operating margin remarkable, but says they reflect a storage cycle at its peak, when demand outpaces drive manufacturing capacity. According to the article, a forward P/E of 12.40 looks cheap on peak earnings, while a price-to-book of 18.99 shows the stock is expensive relative to its assets. At the end of Q2 2026, 98 hedge funds held the stock with a combined value of about $9.94 billion, up from 83 funds and $6.57 billion the previous quarter.
- FinancialContent - CarMax ( KMX ) Stock Trades Up , Here Is Why
CarMax (KMX) shares rose about 4% in the afternoon session after BofA Securities upgraded the stock to Buy from Underperform and raised its price target to $65 from $50. Analysts credit FTC price transparency enforcement and CarMax's own pricing work for making it the most price-competitive in years, with the company attributing about half of its improved price position to the rule. Used-unit comparable sales rose 13% in the fiscal second quarter versus a 2% industry decline, and a BofA check found CarMax's advertised prices 0.3% above the market average, compared with Carvana at 1.2% below. The Nov. 3 strategy update is seen as a near-term catalyst, with cost cuts expected to help sustain comps. Shares later cooled to $51.75, though the stock remains up 31.7% year to date and 19.4% below its 52-week high of $64.22 from August 2026.
- FinancialContent - AMD (AMD) Stock Trades Up, Here Is Why
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- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
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