Last week Mark Zuckerberg unveiled Meta Platforms (NASDAQ: META) latest hardware product, Orion augmented reality glasses,
As it ventures deeper into the world of AR and wearable technology, there’s a very real possibility that this is Meta’s “iPhone moment,” revolutionizing the tech landscape as Apple’s iconic smartphone did in 2007.
» Read more about: Did Zuckerberg Just Have His iPhone Moment? »
The plaudits NVIDIA receives seem to have no bounds but they also seem deserved when you look under the surface.
This is a company with a perfect Piotroski score of 9, suggesting rock solid fundamentals. It’s not a surprise, as a result, to discover that a full 30 analysts increased their earnings estimates for the company for the upcoming quarter.
» Read more about: Will NVIDIA Be The First To Hit $10 Trillion? »
An old dog can’t learn new tricks, or so the saying goes. But maybe an old sage can teach new tricks to those who think he’s taught them all.
That may well be the case with Warren Buffett now. For close followers, the adages made famous are internalized to the point that they can spout them out as if they came up with them by themselves.
» Read more about: 1 Reason Buffett Sold Apple That Nobody Saw Coming »
The most important Federal Reserve announcement ever led to about as much excitement yesterday as two turtles racing to a finishing line.
Prior to the announcement by Chairman Jerome Powell, the market had forecast, with 68% probability, a 50bps rate cut.
That alone signaled that the market had priced in precisely what the Fed delivered and so when expectations became reality not a whole lot happened.
Artificial intelligence has been a driving force behind the U.S. stock market’s 20% plus rise in the past year. However, now that datacenters and AI chips are being implemented at scale, earnings releases are being scrutinized even more heavily to see if the massive investments will yield the promised returns.
No stock has exemplified the AI boom more than NVIDIA (NASDAQ: NVDA).
» Read more about: Which AI Stock Is Best: NVIDIA or SMCI? »
Terawulf is a cryptocurrency mining firm that specializes in bitcoin.
It has a twist on mining, which is notoriously energy intensive. The unusual angle is it operates mining facilities that use clean, low-cost, and reliable energy sources.
The way it works, in a nutshell, is that the company uses specialized computers,
MongoDB is one of those fascinating growth stories that goes back as far as we can see, and we went back a full 5 years.
Each and every quarter showed year-over-year revenue growth. Yet the share price sits at levels similar to those from 4 years ago.
So is MongoDB a buy or a sell?
» Read more about: Why MongoDB Could Be a Sleeper Stock Ready to Soar »
With news coming out that Buffett has lightened up on Bank of America, a core holding since 2011, in addition to his sales earlier in the year of his largest equity holding, Apple, concerns are rising that the Oracle of Omaha is reading the tea leaves and seeing gloom on the horizon.
That’s not a surprise given that the so-called Buffett Indicator,
» Read more about: 3 Ways To Protect Against a Market CRASH »
What started out as a fun joke tracking Nancy Pelosi’s trades has turned into somewhat of a cult following. That’s because Pelosi’s portfolio was up as high as 71% this year alone but her short-term market outperformance is mirrored over the long-term with returns that rival those of Buffett.
That led many to speculate whether it was time to go all-in when she bought Palo Alto Networks earlier this year.
» Read more about: It Is Too Late To Buy This Pelosi Stock? »
A few months ago, we wrote an article titled Is This Stock Set To Blast Off in which we featured Planet Labs, trading at under $2 per share at the time.
Since then, the stock is up by over 50% on a slew of positive news including a new 7-figure deal with NATO.
» Read more about: 1 Galactic Stock Up 50%, Will It Keep Going? »