South African Stocks Tipped to End Decade of Foreign Outflows
Foreign investors have been net sellers of South African stocks every year since 2016, and net outflows year-to-date already amount to $6.3 billion, according to JSE Ltd. data. Even so, the benchmark FTSE/JSE Africa All Share Index is outperforming the MSCI Emerging Market stock index and the S&P 500 in dollar terms this year.
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Entrepreneur
11 minutes ago
- Entrepreneur
Yali Capital Closes ₹893 Crore Deep Tech Fund
The fund will invest in both early-stage (Seed, Series A) and late-stage (Series D and beyond) startups, with a strong emphasis on deep-tech domains such as semiconductors, artificial intelligence, robotics, genomics, aerospace/surveillance, and smart manufacturing. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Yali Capital, a SEBI-registered Category II Alternative Investment Fund (AIF), has announced the successful close of its maiden deep tech-focused fund at INR 893 crore (approximately USD 104 million), significantly surpassing its initial target of INR 500 crore and a INR 310 crore greenshoe option. The fund will invest in both early-stage (Seed, Series A) and late-stage (Series D and beyond) startups, with a strong emphasis on deep-tech domains such as semiconductors, artificial intelligence, robotics, genomics, aerospace/surveillance, and smart manufacturing. Lip-Bu Tan, veteran investor and advisor to Yali Capital, said, "I strongly believe in India's deep tech capabilities. It is heartening to see the government, global corporations, and successful entrepreneurs come together to back Yali's deep tech thesis. I look forward to supporting Yali in laying the foundation for India's deep tech ecosystem." To attract a global investor base, Yali Capital operates through a dual-structure setup, comprising the SEBI-regulated AIF and a feeder vehicle based in GIFT City. The firm has already made five investments, covering sectors like chip design and AI, and aims to expand its portfolio to eight companies by the end of the year. Yali's Limited Partners (LPs) span a diverse and influential set of backers, including: Infosys, Qualcomm Ventures, Tata AIG; Funds of Funds such as DPIIT's Fund of Funds for Startups (managed by SIDBI), Self-Reliant India Fund, Evolvence, and Singularity FOF; Prominent Individuals such as Kris Gopalakrishnan (Pratithi), Gopal Srinivasan (TVS Capital), Vallabh Bhansali (ENAM), Utpal Sheth (RARE Enterprises), Vishal Kampani (JM Financial), Sanjay Nayak (Tejas Networks), Nambi Seshadri (ex-CTO, Broadcom Wireless), and C. Srinivasan (Cosmic Circuits). Mathew Cyriac, General Partner at Yali Capital, stated: "Nearly a third of our fund will be invested in late-stage deep tech companies. India has a real opportunity to build globally competitive public companies in this space. We are grateful to the global investor community for backing our vision." Yali has already disclosed investments in companies including C2I Semiconductor, 4basecare, and Perceptyne. The fund intends to continue deploying capital actively over the next four years. Ganapathy Subramaniam, Founding Managing Partner of Yali Capital, added, "We are deeply grateful for the overwhelming support from the global tech community. Two-thirds of the fund will be deployed in early-stage deep tech startups. We firmly believe in India's deep tech potential and are committed to backing visionary founders with patient capital."
Yahoo
an hour ago
- Yahoo
2 Best Artificial Intelligence Stocks to Buy in July
Key Points The two AI companies discussed in this article have been under pressure on the stock market this month. However, their outstanding growth rates are likely to help them regain their mojo, especially considering the multibillion-dollar markets that they are serving. Investors can consider using the recent dip in these two stocks as a buying opportunity. 10 stocks we like better than CoreWeave › The massive spending on artificial intelligence (AI) infrastructure has supercharged the growth of several companies that build or design chips and deploy them in data centers, and the good part is that such companies are likely to sustain their solid momentum over the next five years. That's because AI infrastructure spending is expected to hit $6.7 trillion by 2030. Nearly half of that amount is expected to be spent on chips and AI data centers. That's why now would be a good time to take a closer look at two companies -- Micron Technology (NASDAQ: MU) and CoreWeave (NASDAQ: CRWV) -- that are already benefiting from the huge AI infrastructure spending and seem built for impressive long-term growth. Both stocks have been under pressure in July, which means that investors now have a chance to buy them on the dip. Let's look at the reasons why doing so could turn out to be a profitable move in the long run. 1. Micron Technology Memory manufacturer Micron has slipped over 6% this month, thanks to negative Wall Street sentiment on account of a potential slowdown in sales that could weigh on memory prices. However, not all Wall Street analysts seem to share the view. Investment bank UBS is expecting the demand for high-bandwidth memory (HBM) used in AI chips to jump by 35% in 2026, along with an 18% increase in prices. Even Deutsche Bank is expecting more upside in Micron stock, which is evident from its $150 price target. The bank predicts HBM is going to be a key driver for the company's revenue and margin growth. After all, Deutsche Bank points out that HBM reportedly carries a gross margin of 60%, compared to the 35% gross margin of non-HBM dynamic random access memory (DRAM). Bloomberg Intelligence estimates that the HBM market's revenue could increase at an annual rate of 42% through 2033, generating a whopping $130 billion in revenue at the end of the forecast period. It estimates that Micron could capture nearly a quarter of the HBM market in 2033, which would translate into $32 billion in revenue. That would be nearly 5 times the HBM revenue that Micron is expected to generate in the current fiscal year (which will end next month). For some perspective, Micron has generated just under $34 billion in revenue in the past 12 months, indicating that HBM alone has the potential to supercharge its growth in the long run. And when we consider the superior margin profile of HBM, there is a good chance that Micron should be able to clock rapid growth in its bottom line as well. However, it won't be surprising to see Micron's HBM business turning out to be bigger than what's projected above, as the company has reportedly captured a fifth of this booming space already, thanks to its partnerships with Nvidia and AMD. The company has an aggressive long-term capital expenditure plan worth $200 billion to ramp up its production capacity, and that could allow it to capture more than a quarter of the addressable revenue opportunity in HBM. All this indicates that buying Micron stock right now is an easy choice, considering that it is trading at just 20 times trailing earnings, as its terrific bottom-line growth could help it regain its mojo and fly higher in the future. 2. CoreWeave CoreWeave's stock price has dropped nearly 25% in July as of this writing, with a recent report from HSBC weighing heavily on the stock of late. The bank has a price target of $32 on CoreWeave, which is nearly a fourth of the current stock price. HSBC analyst Abhishek Shukla believes that the AI graphics processing unit (GPU) infrastructure provider's reliance on just two customers -- Microsoft and OpenAI -- for 72% of its revenue is a risk. Additionally, the analyst points out that CoreWeave will be weighed down by a high cost structure as it will have to spend over a third of its revenue on the maintenance of GPUs. CoreWeave has built its business by acquiring AI data center GPUs from Nvidia and renting them out to customers for a fee. HSBC also believes that CoreWeave needs to sell software-centric services rather than just renting out hardware to become more competitive, attract new customers, and retain existing customers. Throw in CoreWeave's expensive valuation -- it is trading at 23 times sales -- and it is easy to see why customers have panicked of late following negative Wall Street sentiment. However, CoreWeave's numbers clearly indicate that it isn't all that expensive when its remarkable growth is taken into account. Its revenue shot up more than fivefold in the first quarter to $981 million, while the revenue backlog stood at an impressive $26 billion. CoreWeave landed a new contract worth over $11 billion from OpenAI in the quarter, while another $4 billion came from the expansion of an existing contract. Moreover, the company has been working on the software side of the AI infrastructure as well. It completed the acquisition of AI developer platform Weights and Biases a couple of months ago to offer more AI software solutions to customers. The good part is that the company's software focus seems to be paying off as it recently introduced new developer tools, such as monitoring the performance of AI agents and providing access to popular models from DeepSeek and Llama. So, CoreWeave is gradually making the right moves that should pave the way for healthy growth in the long run, especially considering the massive capacity investments that it is making. Also, investors should note that CoreWeave estimates that its addressable opportunity in the cloud infrastructure-as-a-service market could hit $400 billion by 2028. That's big enough for multiple players to operate in this market and allow CoreWeave to become a substantially bigger company in the future. Not surprisingly, CoreWeave's forward sales multiples are significantly lower than the trailing multiple on account of the tremendous growth that it is expected to deliver. So, investors looking to buy a growth stock probably see CoreWeave's dip this month as a buying opportunity since the company's massive revenue pipeline, its focus on expanding its software offerings, and the massive addressable market are likely to help it regain its momentum. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Microsoft, and Nvidia. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 Best Artificial Intelligence Stocks to Buy in July was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
C3 AI (AI) Loses 10.8% as CEO Steps Down
We recently published . Inc. (NYSE:AI) is one of the worst-performing stocks on Thursday. C3 AI snapped a two-day rally on Thursday, losing 10.84 percent to close at $26 apiece as investors repositioned portfolios following its chief executive's announcement that he was stepping down from his post. In a statement, Inc. (NYSE:AI) said that CEO Thomas Siebel has tendered his resignation due to health reasons, effective upon a successor assuming his post. 'After being diagnosed with an autoimmune disease in early 2025, I have experienced significant visual impairment,' he said. 'For C3 AI to reach its full potential—which I believe is spectacular—the board and I have initiated a search for a new CEO who can take the company to the next level of growth and success. I will remain fully engaged as Chief Executive Officer of until such time as the board appoints my successor, after which I will continue in the role of Executive Chairman, focusing on strategy, product innovation, strategic partner and customer relationships,' he noted. Meanwhile, an analyst from Wedbush said that the chief's resignation presented an opportunity for other firms to acquire Inc. (NYSE:AI). Wedbush gave Inc. (NYSE:AI) an 'outperform' rating and a price target of $35 apiece. While we acknowledge the potential of AI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
