Meta Is Finally Entering This High-Margin $500 Billion Market. Is the Stock a No-Brainer Buy?
It’s rare for a stock the size of Meta Platforms (META 3.61%) to jump 9% on non-earnings news, but that’s exactly what happened on Wednesday, and for good reason.
Bloomberg reported that the social media giant is launching its own cloud computing business.
Read MoreWhat's open, closed on July 3? Banks, post office, stock market, more
Independence Day this year falls on a Saturday, so the federal holiday instead is one day earlier, on Friday July 3.
But are banks, post offices, stock market and other businesses open or closed on Friday, July 3?
Are banks open on July 3?
Most banks are expected to remain open on Friday,
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Read MoreStock analysts may be setting up the market for a summer failure
There is such a thing as being too bullish.
Nearly 60% of S&P 500 (^GSPC) stocks now carry a Buy rating from Wall Street analysts, the highest level on record, according to Creative Planning chief market strategist Charlie Bilello. The percentage of Hold ratings has steadily declined this year,
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Read MoreUS economy added jobs at a slower pace than expected in June
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Global advisor to CEOs and corporate boards Ram Charan joins ‘Mornings with Maria’ to discuss AIs impact on jobs and productivity and the biggest threats facing CEOs as supply chain and geopolitical risks grow.
The U.S. economy added jobs at a steady pace in June despite headwinds caused by elevated inflation and uncertainty over the Iran war’s economic impact.
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Read MoreWhy the Smart Money Could Be Wrong About Energy’s Next Trillion-Dollar Opportunity
Quick Read Energy funds shed $3.2 billion in a single week, but falling oil prices are masking AI’s unprecedented structural surge in electricity demand. Global data center electricity demand is set to more than double by 2030, making utilities, nuclear, and distributed power providers quiet winners of the AI boom. Don’t wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks.
Read MoreThe Burst
Is It Time To Buy Chinese Stocks?
Chinese stocks have been beaten dow for a long time but it’s possible that a tectonic shift is taking place. It’s been such a puzzle to understand why their valuations have been low for such an extended time period that even the likes of Charlie Munger got fooled by cheap valuations.
One overarching challenge has been the ongoing regulatory environment.
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Read MoreThe Ivy
30% Upside for Leader in Market Growing 30% Annually?
Renowned e-signature company DocuSign, Inc. (NASDAQ:DOCU) has got firmly back on track after some turbulence in 2021 and 2022 when the company’s share price declined by more than 75%.
The recent stock performance has fared much better, begging the question where is the ceiling for this once hot stock?
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Read MoreThe Spotlight
Forget FAANG, Buy These Two Hot Stocks
Over the past decade, FAANG stocks – an acronym that represents the most prominent tech companies, including Facebook (now Meta), Amazon, Apple, Netflix, and Google (now Alphabet) – have rewarded long-term investors. These stocks have grown faster than the overall S&P 500 and the technology-focused Nasdaq.
FAANG companies showcase several competitive advantages, and continued growth is anticipated over the next decade.