Why CoreWeave Stock is Soaring (Again) Today
The neocloud operator got some love from Wall Street.
Shares of CoreWeave (CRWV +11.94%) rallied Tuesday morning, gaining as much as 13.7%. As of 11:51 a.m. ET, the stock was still up 12.7%.
The catalyst that sent the artificial intelligence (AI) and neocloud specialist higher was a couple of bullish takes from Wall Street analysts.
» Read more about: Why CoreWeave Stock is Soaring (Again) Today »
Read MoreChinese Tech Giants Receive the OK to ‘Prep’ for H200 Orders. How Should Nvidia Stock Investors Play the Return to China Thesis?
In the last few years, Nvidia (NVDA) stock has been among the biggest value creators from the technology space. As investments related to artificial intelligence (AI) have swelled, value creation has been backed by significant upside in revenue, margins, and cash flows. Currently, Nvidia commands a market valuation of $4.6 trillion.
Looking forward,
Cathie Wood’s ARK Invest To Launch New Crypto ETFs
ARK Invest, the asset management firm led by well-known investor Cathie Wood, has filed to launch two new cryptocurrency exchange-traded funds (ETFs).
One fund will track the CoinDesk 20, a benchmark of the most liquid digital assets such as Bitcoin (BTC) and Ethereum (ETH).
» Read more about: Cathie Wood’s ARK Invest To Launch New Crypto ETFs »
Read MoreCathie Wood owns a $239 million stake in this dividend stock
Cathie Wood doesn’t typically chase dividend stocks, but Teradyne (TER) represents something different.
The chip-testing giant pays a modest quarterly dividend while sitting at the intersection of AI infrastructure buildout and semiconductor innovation.
That combination has made it one of ARK Invest’s larger positions,
» Read more about: Cathie Wood owns a $239 million stake in this dividend stock »
Read MoreTrump nominates Kevin Warsh to succeed Jerome Powell as Federal Reserve chair
Kevin Warsh, a former bank executive and central bank governor, has been chosen by President Donald Trump to lead the Federal Reserve.
“I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump said in a Friday post on Truth Social.
» Read more about: Trump nominates Kevin Warsh to succeed Jerome Powell as Federal Reserve chair »
Read MoreThe Burst
Is Tesla In Nose-Bleed Territory?
Tesla has had a scintillating run since Election Day with the stock rallying from the low $220 region all the way towards $350+ in a matter of days.
Having run so far so fast, what are the odds Tesla share price is set to correct soon? How high is too high for Tesla stock price?
» Read more about: Is Tesla In Nose-Bleed Territory? »
Read MoreThe Ivy
This Airline Just Made a Huge Change, Will It Pay Off for Investors?
Southwest Airlines (NYSE:LUV) is one of America’s major air transportation companies. Recently, under pressure to deliver improved value for shareholders and renewed growth, the company announced a slate of changes that could, if successful, increase both its top and bottom lines in the years to come.
Today, let’s take a look at Southwest Airlines to see if LUV is a buy,
» Read more about: This Airline Just Made a Huge Change, Will It Pay Off for Investors? »
Read MoreThe Spotlight
Spotlight: Time To Buy Vaccine Manufacturer Before Winter?
It’s impossible to discuss Moderna without mentioning its COVID-19 vaccine, which propelled the stock to record highs in 2021 approaching $500 per share. However, slower sales caused the stock to plunge by almost 80%.
Second-quarter reports in 2023 show a net loss of $1.38 billion, a stark contrast to the net income of $5.4 billion in Q4 2021.
» Read more about: Spotlight: Time To Buy Vaccine Manufacturer Before Winter? »