DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst?
Gig economy food delivery service DoorDash (NASDAQ:DASH) has been running hot for most of the last year, gaining over 75 percent in the last 12 months. Such large increases, though, often leave stocks susceptible to corrections that bring their prices back down to earth. We examine DoorDash’s performance and valuation to see whether the stock is a buy, » Read more about: DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst? »
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Is Last Friday’s 10.99% Gain Just The Start?
A few weeks ago we wrote an article titled Is This Space Stock Set To Blast Off, which featured Planet Labs. Fast forward to last Thursday’s earnings report, and Friday’s trading action, which resulted in a 10.99% one-day gain and it seems fair to say Planet may be on the cusp of escaping gravity soon.
» Read more about: Is Last Friday’s 10.99% Gain Just The Start? »
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When The CEO Signs a Girl’s… Is It The Top?
Fame is a drug and Jensen Huang might be falling victim to it. The renowned CEO of Nvidia has been captured autographing the… let’s go with the word “chest” of a woman. Some are claiming that’s the sign a market top is in…. when the boss of a semiconductor company has become so lauded that women are clamoring to have him sign his name on their bodies.
» Read more about: When The CEO Signs a Girl’s… Is It The Top? »
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Did Musk Just Reveal Why Nvidia Goes Higher?
Five years ago, Nvidia traded at $36 per share. It now hovers around $1,145 per share. At first glance, it’s hard to reconcile not only the price rise but the market capitalization. Nvidia trades at a valuation of $2.8 trillion. For comparison, Apple has a market cap of $2.9 trillion.
Apple generated $383 billion in revenues last year and reported net income of $96 billion.
» Read more about: Did Musk Just Reveal Why Nvidia Goes Higher? »
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66% Upside In Asian Ride-sharing Stock?
Grab Holdings has evolved into Southeast Asia’s leading super-app with operations spanning ride-hailing, food/grocery delivery, and financial services.
Growth momentum has been strong, particularly since 2023 which was a pivotal year when Grab hit its first quarterly profit. That took place in Q4 2023 on $653 million revenue, up 30% year-on-year.
Under the hood,
» Read more about: 66% Upside In Asian Ride-sharing Stock? »
Read MoreThe Burst
1 Cloud SaaS Healthcare Stock to Buy on the Dip?
It might surprise many that Veeva Systems Inc. (NYSE:VEEV), best known for its cloud-based software solutions tailored to the life sciences industry, has maintained a core principle of putting customer success and product excellence ahead of short-term gains.
In a market crowded with SaaS companies seeking to serve a wide variety of enterprises,
» Read more about: 1 Cloud SaaS Healthcare Stock to Buy on the Dip? »
Read MoreThe Spotlight
Will Bitcoin Rise 16.1x?
In November 2012, the first bitcoin halving cycle was recorded, and the event reduced the reward for mining new Bitcoin blocks by half. Every four years or so 210,000 blocks are mined and the rate at which new bitcoin is mined is cut by 50%.
The supply limit and increased difficulty have been instrumental in the thesis that bitcoin’s price can only rise in time to offset the inflationary effects of fiat currency.
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Read MoreThe Daily
Now, you can add or remove joint holders in non-demat mutual funds
MUMBAI
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People who hold mutual fund (MF) units in Statement of Account (SoA) form—that is, outside of demat accounts—can now add or remove joint holders and transfer those to others online.
On 17 June, Mint covered the step-by-step process of transferring or gifting MF units held in an SoA.
» Read more about: Now, you can add or remove joint holders in non-demat mutual funds »