A leading chipmaker is shelling out billions to reshape U.S. manufacturing, but the stock is sliding anyway. In fintech, one regional player is slimming down its losses with AI-fueled cost cuts, while a mobile content platform is seeing gains despite shrinking user numbers. Here’s what’s moving as investors sift through the news.

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Futures 📈


What to Watch
Earnings:
Coca-Cola Europacific Partners plc [CCEP]
KT Corporation [KT]
Sibanye Stillwater Limited [SBSW]
Cheetah Mobile Inc. [CMCM]
Gencor Industries Inc. [GENC]
ALT5 Sigma Corporation [ALTS]
Vroom, Inc. [VRM]
Economic Reports:
Consumer Sentiment (Prelim) [June]: 10:00 am

Crypto (Sponsored)
Trump’s recent crypto announcement just triggered a major market shift—right as Bitcoin and ETFs hit fresh highs.
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Mobile Tech
Zedge Beats Revenue Forecast, Grows Profit as AI and Subscriptions Power Results

Zedge (NYSEAMERICAN: ZDGE), the mobile personalization platform behind custom wallpapers, ringtones, and notification sounds, delivered third-quarter results that exceeded revenue expectations, posting $7.8 million versus a forecast of $7.2 million. That marks a 1.3% year-over-year increase, driven by growth in subscriptions and new product features.
Net income doubled to $200,000 on a GAAP basis, while adjusted EBITDA climbed 46% to $1.2 million. Free cash flow totaled $800,000 for the quarter, despite $1 million in restructuring-related payouts.
The company attributed its profitability to a combination of cost-cutting measures, including layoffs and operational streamlining, as well as improvements in monetization from high-value users. Its Zedge Plus subscriber base reached an all-time high of nearly 900,000 users, a 37% increase from the previous year.
Subscription revenue increased by 13%, while deferred revenue rose 83% to $5 million. The average revenue per monthly active user also increased by 33% year-over-year.
While total monthly active users declined, Zedge said the quality of its user base has improved as it focuses more on developed markets and high-lifetime-value subscribers.
Zedge also highlighted early traction from new AI-based initiatives, including dataseeds.ai, a content marketplace for training datasets. A recently signed deal with a major AI firm adds credibility to the B2B expansion strategy.
Despite a drop in after-hours trading, shares are now up about 3% in Friday’s premarket session.

Semiconductors
Micron Commits $200 Billion to Expand US Chip Capacity and AI Memory Production

Micron Technology (NASDAQ: MU) announced a sweeping expansion plan this week, revealing it will invest an additional $30 billion in its US operations.
This brings the chipmaker’s total planned investment in the United States to a staggering $200 billion, spread across Idaho, New York, and Virginia.
The company aims to ramp up domestic production of DRAM and high-bandwidth memory (HBM), components needed for powering artificial intelligence workloads. Its second fabrication plant in Boise will house the new HBM production, with additional capacity being built in New York.
Backed by $6.5 billion in funding from the CHIPS and Science Act, Micron expects the multi-decade buildout to support 90,000 jobs and enable the US to reclaim leadership in semiconductor manufacturing.
CEO Sanjay Mehrotra emphasized the strategic value of onshoring supply chains and securing the future of AI-driven infrastructure. Nvidia’s (NASDAQ: NVDA) Jensen Huang echoed that sentiment, calling Micron’s advanced memory a “vital enabler” of future AI breakthroughs.
Despite the massive announcement, Micron shares are down about 1.8% in premarket trading.
The first Idaho plant is set to begin operations in 2027, while groundwork in New York is expected to start later this year. Micron says the expansion will eventually allow it to produce 40% of its DRAM supply domestically.

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Financial Technology
MoneyHero Narrows Losses and Bets on AI to Streamline Operations

MoneyHero Limited (NASDAQ: MNY) reported a significantly smaller net loss in the first quarter of 2025, trimming red ink to $2.4 million from $13.1 million a year earlier.
The Southeast Asia-based personal finance platform is showing early signs of progress on its turnaround strategy, with the stock trading flat in premarket hours.
The company attributed a 26% reduction in operating expenses, largely driven by AI-enabled efficiencies, as a major contributor to the improved financial results. Adjusted EBITDA losses also decreased to $3.3 million, and the cost of revenue fell to 44% of total sales, a 20-point decrease from last year.
A pivot toward higher-margin segments such as insurance and wealth management appears to be paying off. These verticals now contribute 25% of total revenue, helping to diversify the business away from its core loan and credit card comparisons.
In the Philippines, new strategic partnerships are expected to support performance in the back half of the year, though the company stopped short of offering specific forward guidance.
While MoneyHero’s fundamentals have improved, challenges remain. TipRanks’ AI-powered “Spark” tool flagged ongoing concerns around profitability and valuation, maintaining a Neutral rating on the stock.
With a market cap of around $37 million and an average daily trading volume of less than 75,000 shares, MoneyHero remains a microcap name under the radar, but one potentially worth watching if operating momentum continues to build.
Shares are currently flat in premarket trading.

Movers and Shakers

MP Materials [MP] – Last Close: $31.51
MP Materials is a leading rare earth mining and processing company supplying critical materials for magnets used in EVs, defense, and clean energy. It plays a huge role in the U.S. shift away from China in its supply chain.
Shares are up nearly 8% in premarket following strong volume activity and continued momentum around U.S. onshoring trends. With a market cap of $4.77B and a 22% gain over the past year, MP is moving in the right direction.
My Take: As rare earth demand climbs, MP may continue benefiting from reshoring policies and EV adoption. Strong fundamentals and favorable geopolitics make it an interesting name to watch.
Kratos Defense & Security [KTOS] – Last Close: $43.10
Kratos Defense & Security Solutions develops advanced technology for defense, unmanned systems, and space applications. It has become a go-to contractor for next-generation national security programs.
Shares are up nearly 4.5% in premarket trading after the company continued to win contracts and saw rising interest in defense-tech plays amid global tensions. KTOS has gained over 70% in the past 12 months, with its $6.3B market cap reflecting growing investor confidence.
My Take: KTOS looks like a long-term bet on defense modernization. Its niche in drones and AI-driven warfare gives it structural growth potential, even in a crowded sector.
Viper Energy, Inc. [VNOM] – Last Close: $42.99
Viper Energy owns mineral and royalty interests in the U.S. oil-rich Permian Basin, providing direct exposure to upstream energy profits without the operational risks associated with drilling.
Shares are up almost 4% in premarket amid strength in oil prices and rising demand for cash-flow-rich energy plays. VNOM has posted a 30% gain over the past year, with a market cap of around $9B and a solid dividend history.
My Take: With oil stabilizing and dividends flowing, VNOM offers a defensive energy play with upside. Royalty-based models may continue outperforming in choppy markets.

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This isn’t just politics—it’s a financial flashpoint.
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Everything Else
Crude jumps as geopolitical tensions between Israel and Iran escalate.
Meta gets a stake in an AI startup as its founder exits in a multibillion-dollar move.
BlackRock CEO Larry Fink brushes off speculation about stepping down.
Delek faces a downgrade as credit concerns mount in the energy sector.
JPMorgan points to institutional selling behind a recent stock market slide.
Truist stays bullish on Bank of America as the stock consolidates recent gains.

That’s all for today. Thank you for reading. If you have any feedback, please reply to this email.
Best Regards,
— Adam Garcia
Elite Trade Club
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