AMD’s MI300 chip has the potential to become the fastest product in the company’s history to reach $1 billion in sales. That single product is contributing to an overall great quarter.
In Q3, AMD reported revenues of $5.8 billion, beating analysts’ expectations of $5.7 billion. Adjusted EPS came in at $0.70, also exceeding the forecasted $0.68.
» Read more about: Market Commentary: $1 Billion in Sales Is Just The Beginning »
You know that feeling when you finally get that red wine stain out of your white shirt? Well, there’s a good chance Stepan Company had a hand in that minor miracle.
Certainly, they might not be a household name, but their chemicals are in a ton of stuff we use every day. And when the market struggled to stay afloat in October,
» Read more about: Market Commentary: 1 Stock Soaring No Matter What »
What a horrific year Enphase Energy has had, plunging 54% for the year and still there a few months to go. For a company that’s virtually synonymous with solar technology, what has caused this big crash in an industry that has so many tailwinds?
After all,
» Read more about: Market Commentary: 1 Solar Stock You Cannot Afford to Miss »
It’s not widely known that Nvidia once designed its chips to specifically fall just below U.S. export restrictions, ensuring they remained marketable in China. Unfortunately for them, that loophole just got sealed, and it has big implications for investors.
Nvidia share price hit choppy waters after new U.S. export restrictions aimed to sever the chipmaker’s ties with China.
» Read more about: Market Commentary: The Downside Is Huge Now »
Despite its role as a low-fee trailblazer, 2023 has been a really rough year for Schwab, down 34% year-to-date. But recent developments hint at the fog of uncertainty lifting. Indeed, Schwab CEO Walt Bettinger described the company’s current struggles as a “dense fog.” This opacity primarily stems from deposit outflows, unrealized losses on securities, and rising interest rates.
» Read more about: Market Commentary: 1 Premier Bank Stock Bursts Higher »
Chipotle has managed to do what few food companies ever achieve, keep prices low, win over customers with taste, and maintain high quality offerings. But recently one of those three ingredients was forsaken because the company hiked prices to combat inflation, which has a knock-on effect not only to you and me but to the broader economy.
» Read more about: Market Commentary: What Chipotle’s Bold Move Means For You »
Sometimes the future arrives early and that certainly seems to be the case for JD.com, which owns a fleet of drones for rural delivery services that serve 30 million people in remote parts of China.
Warren Buffett may have tossed to the curb his only Real Estate Investment Trust, STORE Capital Corp., but he’s not exiting the property business entirely. The latest 13F filings indicate Berkshire Hathaway invested in multiple U.S. homebuilders including D.R. Horton and Lennar Corp.
In Q2 2023, Berkshire acquired 5,969,714 shares of D.R. Horton,
» Read more about: Market Commentary: Warren Buffett’s Latest Moves Will Shock You »
When Warren Buffett, the Oracle of Omaha and Berkshire Hathaway’s CEO, decided to make Apple his largest holding, many heads turned. Traditionally, Buffett steered clear of the tech sector. Yet, Apple accounts for almost 50% of Berkshire Hathaway’s portfolio.
Buffett’s initial investment in Apple dates back to the first quarter of 2016. If you had followed his lead back then,
» Read more about: How Apple Obliterates Google and Microsoft »
Investment Alert: Buy Covered Call (PL) at $2.50 Per share and Sell Strike 2.50 January 2024 Call for $0.35
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
» Read more about: Alert: 41% Annualized from Safe Penny Stock »