Broadcom Inc. (AVGO) saw its stock dip by 3.98% today, underperforming the broader market. Despite this daily drop, the chipmaker has posted gains over the past month, exceeding its sector and the S&P 500. Investors are anticipating strong earnings growth, with projected increases of 90.53% in EPS and 84.69% in revenue for the upcoming quarter.

L3Harris Technologies has secured a $955 million contract from the U.S. Space Force's Space Development Agency to produce 18 satellites for the Golden Dome missile defense shield. This contract contributes to President Donald Trump's Golden Dome plan, bringing L3Harris's total orders for missile-tracking and defense satellites to at least 70, with five already in orbit. The satellites are designed to detect and track advanced missile threats, and production will begin immediately.

AMD Ventures has invested in AI startup Turing Inc., which will now use AMD AI accelerators for its consumer and autonomous driving applications. This backing, coupled with reported delays in Nvidia's AI rack systems, positions AMD for increased opportunities in the data center market with cloud providers and hyperscalers. The developments highlight AMD's growing role in AI infrastructure, autonomous driving, and consumer AI, a prospect that investors following AI hardware companies are closely monitoring.

EPAM Systems Inc. (EPAM) stock rallied 2.97% on Monday, closing at $86.38, despite an overall down day for the stock market. However, the company's stock still underperformed its competitors and remains significantly below its 52-week high, dropping 61.18% from the $222.53 peak achieved on January 15th.

Entities affiliated with Silver Lake, including director Egon Durban, sold approximately $31.1 million worth of Dell Technologies Inc. Class C Common Stock on July 9, 2026, following the conversion of Class B shares. This sale comes after Dell's stock surged 260% in six months, despite InvestingPro indicating it might be overvalued. The reporting group includes Silver Lake Partners IV, L.P. and Egon Durban, who continue to hold significant stakes in Dell.

Shutterstock has appointed Rik Powell as Interim Chief Executive Officer, effective immediately. This decision follows Paul J. Hennessy's departure as CEO and director. Powell will also continue in his role as Chief Financial Officer while the Board searches for a permanent CEO.

Western Digital and Kioxia Holdings are re-engaging in merger discussions to combine their flash memory operations, potentially creating a major player in the global NAND flash and data center memory markets. This move could significantly impact Western Digital's business mix, competitive position, and capital allocation between its HDD and flash memory segments. While a successful integration offers greater scale and bargaining power, risks include regulatory hurdles, complex integration challenges, and potential concentration risk with hyperscaler customers.

Analysts have raised the average 12-month price target for Western Digital Corporation (WDC) stock to $634.22, up from $629.22, with a forecast range of $450 to $1050 per share. This new target suggests a potential 9% upside from its July 10 closing price. The consensus rating among 30 analysts remains "Buy," with 22 recommending Buy, 6 Hold, and 2 Sell.

Equinix (EQIX) shares have seen an 8% pullback from recent highs, driven by profit-taking despite the company's strong position in the AI infrastructure market and partnerships like the Cisco-Nvidia Secure AI Factory. Investors are now focused on the July 29 Q2 earnings release, looking for strong bookings, margin expansion, and AI product adoption to justify its premium valuation. Technically, the stock faces downward pressure, with a potential drop to $994 if it closes below $1,020, though analysts largely remain bullish with an average price target of $1,213.

Advanced Micro Devices (AMD) stock fell by 4.21% on Monday, July 13, 2026, closing at $534.39. Despite the short-term dip and increased volume on falling prices, the stock is in a strong rising trend, with a Goldman Sachs "Buy" rating and a forecast to rise 85.20% over the next three months. Technical indicators show mixed signals, with a short-term sell signal from the Moving Average but a general buy signal from the long-term average and a buy signal from the 3-month MACD.