Out Fox The $treet

Update Oct. 8, 2026 The Starlink Mobile threat just got real. Verizon won't trade well with this news, but unfortunately most investors ignored this risk.  The stock is down to $43 in after hours.  Original article posted on Jul. 26 Verizon Communications remains structurally challenged, with no revenue growth and intensifying competition from Starlink and satellite communications. The wireless giant beat EPS estimates in Q2'26 via cost cuts, but missed revenue by nearly $1B and reported falling revenues, highlighting weak underlying demand. Management's aggressive buybacks and $12B annual dividend persist despite $165B in debt and limited capex flexibility, raising long-term sustainability concerns. The stock faces the same structural issues that have generated limited returns the last decade compared to over 300% in the S&P 500. Verizon Communications Inc.  ( VZ ) got a nice pop from quarterly earnings, but the business continues to face structural problems. The wir...

Update - Oct. 8, 2026  Cerebras plummeted mid-day as confusing information surfaced regarding the revenue reported by key client OpenAI. Prior reports had suggested that ARR jumped to $70 billion despite sites like TickerTrends suggesting ARR was actually around $50 billion.  Now the market is viewing OpenAI revenue as slipping by $20 billion, but the reality is such a discrepancy in whether a site is reporting the gross ARR that includes payments to partners (Microsoft, AWS) or the new ARR. The financial picture of OpenAI isn't different.  Cerebras fell all the way to $161 on the news despite no impact to the $20+ billion deal with OpenAI. Apparently, the AI lab is already up to $55 billion in net ARR. The stock had fallen over $40 from the SemiAnalysis headlines to the OpenAI ARR drama, yet business is full-speed ahead.  Original article posed on Sept. 30 Cerebras Systems is undervalued amid confusing financials, despite massive AI market tailwinds and a $25B RPO, ...

  Micron Technology is positioned for multi-year growth, driven by strategic customer agreements and surging AI-related memory demand. MU's SCAs now cover 35% of revenues through 2030, with $150 billion in RPOs and potential revenues up to $433 billion, if pricing holds. Physical AI and autonomous vehicles are set to drive the next memory demand cycle, with humanoid robots requiring up to 20x the memory of premium smartphones. The stock trades at just 6x FY27 EPS estimates and is poised for aggressive buybacks; MU offers upside as elongated cycles and constrained supply support elevated earnings. Micron Technology, Inc.  ( MU ) remains a stock difficult to hold long term due to the normal cycle products in the memory space. Micron is silly cheap based on projected earnings, but the logical investor  has to fear a reversion to the mean with memory prices collapsing when the AI cycle ends. My  investment thesis  remains Bullish on the stock after holding the $1,05...

Update - Sept. 24, 2026 Any dip on the Oracle Project Jupiter dip is just a buying opportunity. The demand for on-site power isn't slowing down and Oracle still has plans to deploy up to 3 GW of fuel cells with Bloom Energy. -Bloom Energy ( BE ) shares fall 5.4% pre-market Thursday after Oracle ( ORCL ) sent the developer of its Project Jupiter data center site a notice citing force majeure, Bloomberg reported; the project is designed to be powered by Bloom Energy fuel cells. -Oracle, down 4.5% pre-market, reportedly is seeking to protect itself ​from potential cost increases related ‌to the New Mexico project in New Mexico by sending the notice to developer ​Blue Owl. -Oracle is aiming ​to delay payments if ⁠Project Jupiter fails to come online in 2028 as planned, rather than exiting ​as the ​main tenant, ⁠according to the report. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » ...

  Rivian Automotive is positioned for aggressive growth, as R2 production ramps and demo drives surge. Q3 demo drives are on pace to nearly double Q2, signaling strong demand and supporting a delivery ramp to over 20,000 vehicles. RIVN's 2026 delivery forecast is 65,000–70,000 vehicles, still only 30% of its Normal, IL, plant capacity, with further upside from the Georgia facility. With a $23B market cap and potential $31B+ sales target for current production plans, stars are aligning for RIVN's rapid revenue expansion, including autonomy and VW software deals. Rivian Automotive, Inc. ( RIVN ) has big expansion plans, but the company needs R2 sales to ramp dramatically over the prior versions to be successful. The biggest risk is demand drying up long before the  company reaches goals to 10x production in the next few years and the strong R2 demo drives is a very positive indication. My  investment thesis  is ultra Bullish on the EV manufacturer still trading near th...

Update - Sept. 2, 2026 Palo Alto Networks with the solid beat as expected. The stock just has nowhere to go at this valuation, leading to the 9% dip following earnings. The cybersecurity company forecast a FY27 EPS of only $4.175 for only around 9% growth while the stock still trades at 78.5x EPS targets. The numbers just don't support the big rally.  -FQ4 Non-GAAP EPS of $1.02 beats by $0.04. -Revenue of $3.41B (+34.3% Y/Y) beats by $60M. These FY27 guidance numbers appear very low. -Next-Generation Security ARR of $11.075 billion to $11.175 billion, representing year-over-year growth of 22% to 23%. -Remaining performance obligations of $25.2 billion to $25.4 billion, representing year-over-year growth of 19% to 20%.   Original article posted on Aug. 29 Palo Alto Networks trades near all-time highs, with the stock valuation far outpacing business fundamentals and organic growth trends. PANW's organic growth slowed to ~14% in the last quarter, while EPS growth is muted due to ...