The stock market finished mixed on Friday as S&P 500 was up 0.1% to 7,412, while Nasdaq fell 0.6% to 24,976.
Investors remained focused on geopolitical tensions and oil-price volatility, as well as heavy AI-related capital spending by major tech companies.
Tweet of the Day
Good expert call on Bloom Energy $BE with a former VP at Plug Power – pretty bullish
Hyperscalers did not evaluate Bloom against gas turbines and select Bloom. They selected turbines, discovered they could not get them, and Bloom was the alternative that checked enough boxes.…
— Tech Fund (@techfund1) July 24, 2026
Chart of the Day
Here is the one-year chart of Rubrik (RBRK) as of June 24, 2026, when the stock was at $75.
In last quarter’s earnings call, management stated traditional prevention and detection are no longer enough because AI can now find vulnerabilities and launch attacks at machine speed, making fast recovery increasingly important. With that, Rubrik introduced Rubrik Agent Cloud, a platform that helps businesses monitor AI agents, prevent them from leaking sensitive data or taking harmful actions, and reverse unwanted actions if something goes wrong.
Management also said early customer pilots are already moving into production deployments, reinforcing its belief that AI security and agent governance could become a major new growth opportunity beyond its traditional cyber resilience business.
Last quarter, Rubrik delivered another strong quarter, with profits up 207% on a 39% increase in revenue. Customers are spending more than $100,000 annually, rising 24% to 2,946, as demand for cybersecurity continued to grow.
RBRK is on the radar for the Growth Portfolio.
