Cathie Wood's Ark Invest Says Energy Bottlenecks Can't Stop AI Growth: Companies Could Go Partially Off-Grid
In a blog post on Wednesday, Cathie Wood-led ARK Invest has projected that the growth and profitability of AI data centers will remain strong, despite increasing power demand and costs.
What Happened: The blog written by Sam Korus, director of Research Autonomous Technology &
Atria Investments Inc Decreases Stake in Mettler-Toledo International Inc. (NYSE:MTD)
Atria Investments Inc trimmed its holdings in shares of Mettler-Toledo International Inc. (NYSE:MTD – Free Report) by 0.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,420 shares of the medical instruments supplier’s stock after selling 11 shares during the quarter.
Read MoreEurope weighs on Bharat Forge Q2 topline, investments in subsidiaries announced
The company posted a modest rise of 3% on year in the EBITDA at Rs 625.4 crore, with margins coming in at 27.8% versus 27.1% on year. The company said revenue was impacted by weakness in the European automotive markets.
Bharat Forge posted a standalone net profit of Rs 361 crore,
» Read more about: Europe weighs on Bharat Forge Q2 topline, investments in subsidiaries announced »
Read MoreHitachi Energy advances predictability of energy investments forecasting with new AI-powered solution
- Incorporates user data to deliver customized energy-specific forecasts, integral to effectively manage their energy portfolio strategy and quickly make informed decisions across their businesses
- Cloud-native solution built to easily integrate and scale as future forecasting needs grow
Dubai, UAE, – Hitachi Energy has launched a new artificial intelligence (AI)-powered energy forecasting solution,
Read MoreDoes an Employer Match Count Toward Your 401(k) Contribution Limit?
Your employer’s matching contributions don’t count toward your contribution limit if you participate in a 401(k) plan. The Internal Revenue Service (IRS) does limit the contributions from you and your employer, however.
Key Takeaways
- The IRS caps the amount of money you can put in a 401(k).
» Read more about: Does an Employer Match Count Toward Your 401(k) Contribution Limit? »
Read MoreThe Burst
Best AI Stock That’s Not Nvidia?
While the buzz around Artificial Intelligence (AI) has recently centered around companies like Nvidia, which boasts a trillion-dollar market cap, investors may be overlooking a potential gem in the tech landscape—NXP Semiconductors (NASDAQ: NXPI).
Despite its more modest market performance, NXP brings a unique approach to AI that could make it an intriguing investment opportunity.
» Read more about: Best AI Stock That’s Not Nvidia? »
Read MoreThe Ivy
Blowoff Top In Leader Should Strike Fear In You
When a market leader does an about turn, it’s time to pay really close attention to the sentiment changing in the market.
On Friday, February 16th that’s precisely what happened with SMCI, a market leader that had run up from $55 per share in September 2022 to over $1,000 per share by February 2024.
» Read more about: Blowoff Top In Leader Should Strike Fear In You »
Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.