Agility Robotics, maker of the Digit humanoid robot, is set to go public by merging with special-purpose acquisition company Churchill Capital Corp XI (CCXI), which expects to raise $620 million and implies a $2.5 billion valuation. The company lost $140 million last year on just $1.8 million in sales. Digit can lift up to 50 pounds, and customers include GXO Logistics, Toyota Motor and Schaeffler, with over $300 million in Digit 5 orders reportedly lined up. Its robotics-as-a-service model is estimated to generate roughly $400,000 to $500,000 in revenue per robot over a five-year lifespan. The article argues the valuation makes little fundamental sense against $300 million in orders, while acknowledging the long-term opportunity and warning the stock could be highly volatile.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related news
- Can a $55,000-plus robot load the dishwasher? Inside my afternoon with two humanoid housekeepers.
- Investors Heavily Search Alphabet Inc. (GOOGL): Here is What You Need to Know
Alphabet (GOOGL) shares have returned 0.5% over the past month, versus 1.4% for the Zacks S&P 500 composite and 1.7% for the Zacks Internet - Services industry. The consensus EPS estimate is $2.94 for the current quarter (up 2.4% year over year), $20.54 for the current fiscal year (up 90%), and $14.91 for the next fiscal year (down 27.4%). Revenue is expected at $111.55 billion this quarter (up 27.5%) and $434.25 billion for the current fiscal year (up 26.6%). In the last reported quarter, revenue was $103.62 billion (up 26.8%) and EPS was $9.11, with Alphabet beating consensus EPS and revenue estimates in each of the trailing four quarters. Alphabet holds a Zacks Rank #3 (Hold) and a Value Style Score of D, indicating it trades at a premium to peers.
- CFTC Chairman Michael Selig Says New Crypto Rules Are Coming Soon. Here's What Crypto Investors Need to Know.
The Clarity Act failed a procedural Senate vote on Sept. 15, but CFTC Chairman Michael Selig said the agency would pursue crypto rules under its existing powers. On Oct. 5, the CFTC issued an advance notice of proposed rulemaking, the first formal step, targeting the middle tier of exchanges that offer margin trading. Proposed measures could require proof of reserves, segregation of client money from house money, and new listing reviews examining token ownership concentration and vesting schedules. After a 60-day public comment period following Federal Register publication, a proposed rule could follow, with final rules likely in 2027. The article says Hyperliquid faces the most exposure, since its core perpetual futures business falls on the top tier that the proposal does not cover.
- A New Visa Survey Says 56% of Americans Are Open to the Idea of Using Stablecoins. Here's What Crypto Investors Need to Know.
A Visa survey found 36% of U.S. respondents would use stablecoins in the baseline scenario, rising to 56% only when told about bank-level fraud protection and deposit insurance, which do not yet exist. The survey also found that 56% of respondents had never heard of stablecoins. Visa already settles some card payments in stablecoins, with settlement reaching a $20 billion annualized run rate in September, up more than 15-fold in a year. It supports more than 160 stablecoin-linked card programs, whose payment volume nearly tripled over the past year. The article suggests the infrastructure providers, such as Visa, Mastercard, American Express and Circle, may benefit more than the stablecoins themselves.
- Investors Heavily Search Microsoft Corporation (MSFT): Here is What You Need to Know
Microsoft (MSFT) shares gained 8% over the past month, versus 2.4% for the Zacks S&P 500 composite and 6.6% for the Zacks Computer - Software industry. Consensus expects current-quarter EPS of $4.71, up 14% year over year, and quarterly revenue of $90.6 billion, up 16.6%. For the current fiscal year, the consensus EPS estimate is $19.65 and the sales estimate is $390.2 billion. In the last reported quarter, revenue reached $90.01 billion and EPS $4.74, beating EPS consensus in each of the last four quarters. The stock carries a Zacks Rank #3 (Hold) and a Value Style grade of D.
- Most New Investors Pick the Wrong Stocks First. Here's What I'd Buy Instead.
The article argues that new investors often chase hyped stocks, such as Space Exploration Technologies or Nvidia, and suggests instead building portfolios around long-term holdings that are easy to understand. Its first pick is an S&P 500 fund, SPY or VOO, which has averaged an annual net gain of 10% over several decades. It then recommends Qualcomm, which is shifting toward AI-capable processors for devices, cars and robotics, and BlackRock, manager of the iShares ETFs, with $15.3 trillion in assets and a forward yield of 2.1%. The piece also turns to Roku, arguing the North American streaming market is largely saturated, but the excerpt cuts off before the full discussion.
Related markets
Latest news
- Is Nvidia Stock Really Trading for Just 8 Times 2030 Earnings?
Nvidia is the market's most valuable company, with a market cap above $5 trillion. It trades at 27 times adjusted trailing earnings, but only about 8 times analysts' estimate for fiscal 2030 earnings, a figure the author stresses is a moving target. Revenue growth accelerated from 56% in Q2 FY 2026 to 106% in Q2 FY 2027, though guidance points to a slight slowdown in the current quarter. The stock trades at 13 times next year's earnings, and the board recently authorized a record $150 billion in share repurchases. The author also acknowledges risks such as slower growth or contracting net margins.
- US Orders Civilian Agencies to Rip DeepSeek Out of Government Systems
The U.S. Department of Homeland Security on Monday ordered civilian federal agencies to remove DeepSeek products and third-party services built on the model from their IT systems, and to stop buying them. The notice warns that using DeepSeek may transfer sensitive data to China and could produce intelligence on U.S. persons and agencies. The Commerce Department, the Navy, and the states of New York, Tennessee and Virginia had already restricted DeepSeek. The FCC votes on October 29 on barring Chinese labs from testing electronics for U.S. use.
- Tesla-SpaceX merger is 'not so easy': Analyst
Speculation about a possible merger between SpaceX (SPCX) and Tesla (TSLA) has grown on Wall Street in recent weeks. RBC Capital Markets analyst Tom Narayan says it would not be simple: SpaceX would have to acquire Tesla, likely in an all-stock deal, and would need to pay a strong premium. He sets a $480 price target for Tesla, while the shares trade near $367. The longer-term focus may be Terafab, Elon Musk's chip initiative aimed at cutting production costs by up to 90% and bypassing Nvidia and TSMC. Musk currently controls 85% of SpaceX's voting rights and 20% of Tesla's.
- Is Nvidia (NVDA) Stock Priced Right?
Chip stocks fell sharply last week, and Nvidia (NVDA) dropped nearly 2% as investors worried that heavily indebted AI companies would face higher borrowing costs after bond yields jumped for CoreWeave, a cloud company Nvidia backs. CoreWeave shares had fallen more than 15% the day before. Nvidia's own numbers show no sign of that stress: it sold $96.2 billion of chips and systems in the quarter ended July, up 106% from a year earlier, mostly from data center sales. Its net profit margin was 63.66% over the past 12 months, and management expects $108.0 billion in revenue next quarter, assuming no data center sales to China. The key risk is whether customers can keep paying for chips if interest rates stay high, and the planned partnerships to bring over $500 billion of outside capital into AI infrastructure have not yet become definitive agreements.
- Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves
Networking stocks rallied with the tech rebound as suppliers of AI data center gear drew buying: Ciena (CIEN) rose 4% to $347.48 and Arista Networks (ANET) climbed 4% to $183.32, well ahead of the iShares U.S. Technology ETF (IYW) at 1.29% and the Invesco QQQ Trust (QQQ) at 1.31%, while Cisco (CSCO) was practically unchanged at $107.06. Ciena's fiscal Q3 2026 adjusted EPS was $2.11 against a $1.73 consensus, with revenue up 37% year over year to $1.67 billion, and it raised fiscal 2026 revenue guidance to $6.42 billion. Its backlog reached $8.5 billion, but supply remains the limit, and management does not expect the market to return to balance before 2028. Two customers made up 41.7% of Q3 revenue, so Ciena's growth is concentrated. The next test is whether Ciena can hit its fiscal Q4 2026 revenue guidance of $1.75 billion under tight component supply.
- Gartner Predicts “80% of Neoclouds” Out of Business by 2030: Here’s Who Wins
Gartner forecast on October 14 that more than 80% of neoclouds will stop operating independently by 2030, and CoreWeave (CRWV) fell 25% last week. The article argues that hyperscalers funding AI capacity from their own cash flow, led by Amazon and Alphabet, are likely winners as credit tightens for indebted neoclouds. Amazon generated $140 billion of operating cash flow in fiscal 2025, more than covering $132 billion of capex, while CoreWeave's total debt reached $29.8 billion. Since their July 29 closing low, Microsoft, Alphabet and Amazon are up 15.6%, compared with 1.6% for IREN, CoreWeave and Nebius. Hyperscaler earnings in the coming weeks will need to show whether sold-out capacity is turning into results.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.