Did Zuckerberg Just Have His iPhone Moment?
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.
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1 Monster Growth Stock To Buy?
You may not have heard about Latch, but it’s well known among building managers, who use the service to secure apartment and commercial buildings.
Imagine the logistical headaches associated with the comings and goings of deliveries and personnel to high-rises, and then consider a way to digitally control operations: everything from unlocking doors via mobile device to adjusting temperature settings.
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This Stock Is A Bulldozer
For as long as people have been investing in equities, investors have been looking for big white whales–individual stocks that offer enormous potential for growth and demonstrate stable gains over many quarters.
Right now, one of those impressive giants is Globant, an IT consulting company that has its fingers in a lot of the new innovations that seem to be driving the tech industry.
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The ONLY Metric Snowflake Investors Care About
Snowflake Inc. is a cloud computing data warehousing company trusted by fast-growing software companies. It allows companies to build data-intensive applications without an operational burden. According to the company Snowflake, “In less than a decade has become a global force to support the mobilization of the world’s data.”
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How To Make 100% In Next 11 Months
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.
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Read MoreThe Ivy
Philip Morris Surges 75%, Is Its Smoke-Free Pivot a Game Changer?
Shares of cigarette giant Philip Morris (NYSE:PM) have advanced considerably over the last year. The tobacco stock, long looked at mostly for its high dividend yield, has surged by over 75% in the last 12 months and over 20% in the last 30 days alone.
Why has PM stock rallied so far,
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Read MoreThe Spotlight
Spotlight: Should Sweetgreen Be 50% Higher?
CAVA debuted on the New York Stock Exchange on June 16, selling 14.4 million shares and raising a cash hoard of $318 million at a valuation just under $2.5 billion.
Eagle-eyed investors were stunned to see the share price soar by as much as 117%, before ultimately closing at $43.78 per share, slightly above its $42 open.
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Read MoreThe Daily
Tesla (TSLA) Stock: Cathie Wood Buys $15M as Price Tumbles 3.8%
TLDR
- Tesla shares declined 3.8% to $406.01 on Wednesday as valuation worries dominated despite beating Q4 earnings expectations
- The company reported $0.50 EPS beating $0.45 estimates with $24.90 billion revenue topping forecasts by $150 million
- P/E ratio approaching 400 sparked selling pressure while recent analyst downgrades added to negative sentiment
- China sales climbed 9% year-over-year and Tesla invested $2 billion in xAI for AI development initiatives
- ARK Invest purchased $15 million in shares while company insiders sold $53.5 million worth over three months
Tesla stock fell 3.8% on Wednesday despite posting fourth quarter results that exceeded Wall Street expectations.
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