Is Shopify a Slam Dunk Buy on the Dip?
Recently, an under-the-radar tech company has captured the interest of top-tier investment funds. Hedge funds have quietly been acquiring significant shares that displays a conviction in this company’s potential to redefine its market.
So, what’s the stock is it a buy on the dip?
Key Points
- Shopify’s shift beyond subscriptions to financial services,
» Read more about: Is Shopify a Slam Dunk Buy on the Dip? »
Read More
How Apple Obliterates Google and Microsoft
When Warren Buffett, the Oracle of Omaha and Berkshire Hathaway’s CEO, decided to make Apple his largest holding, many heads turned. Traditionally, Buffett steered clear of the tech sector. Yet, Apple accounts for almost 50% of Berkshire Hathaway’s portfolio.
Buffett’s initial investment in Apple dates back to the first quarter of 2016. If you had followed his lead back then,
» Read more about: How Apple Obliterates Google and Microsoft »
Read More
Alert: 41% Annualized from Safe Penny Stock
Investment Alert: Buy Covered Call (PL) at $2.50 Per share and Sell Strike 2.50 January 2024 Call for $0.35
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
» Read more about: Alert: 41% Annualized from Safe Penny Stock »
Read More
Market Commentary: 1 Buffett Stock Set To 4x
Buffett rarely ventures into the technology sector but he did make a huge bet on the future of data via Snowflake, which his Berkshire Hathaway investment vehicle snapped up pre-IPO.
The future of Artificial Intelligence (AI) hinges on data, and that’s Snowflake’s playground. In an AI-dominated world, data management solutions like Snowflake’s will be pivotal,
» Read more about: Market Commentary: 1 Buffett Stock Set To 4x »
Read More
Why Is Warren Piling Into This Monster Insurer?
Imagine a business that has quietly dominated its industry for decades, steadily outperforming its rivals while keeping an impeccable balance sheet.
Add to the fact that it has thrived during economic downturns and periods of rising interest rates when its peers faded.
In recent years, it’s seen its earnings surge, boosted by both disciplined underwriting and a strong investment portfolio.
» Read more about: Why Is Warren Piling Into This Monster Insurer? »
Read MoreThe Burst
1 Stunning Stock Set To Join Magnificent 7
While Microsoft, Alphabet and Amazon garner the headlines, Oracle Corporation (NYSE: ORCL) has quietly become one of the fastest-growing cloud infrastructure companies. Its cloud business grew by 47% year-over-year in the latest quarter and that rate of growth puts it firmly on the radar of investors looking for the next stock to join the Magnificent 7 grouping.
» Read more about: 1 Stunning Stock Set To Join Magnificent 7 »
Read MoreThe Spotlight
Spotlight: The Next Bloomberg Terminal?
Did you know that every 24 hours, Planet Labs captures imagery of every corner of the Earth? This trove of data is so extensive that it helped track a rogue Chinese spy balloon all the way back to its point of origin.
Similar to a search engine, Planet Labs aims to organize massive amounts of Earth-related data.
» Read more about: Spotlight: The Next Bloomberg Terminal? »
Read MoreThe Daily
Gold rates on May 9: Yellow metal's prices dip; check the latest rates in your city today
Gold
Gold prices dipped on May 9 amid rising geopolitical uncertainties and strengthening dollar. Gold’s June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,020 per 10 gram today.
Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on May 9:
| City | Price of 22k gold | Price of 24k gold |
| Delhi | Rs 90,300/10g | Rs 98,500/10g |
| Mumbai | Rs 90,150/10g | Rs 98,350/10g |
| Chennai | Rs 90,150/10g | Rs 98,350/10g |
| Kolkata | Rs 90,150/10g | Rs 98,350/10g |
| Bengaluru | Rs 90,150/10g | Rs 98,350/10g |
| Jaipur | Rs 90,300/10g | Rs 98,500/10g |
| Lucknow | Rs 90,300/10g | Rs 98,500/10g |
| Hyderabad | Rs 90,150/10g | Rs 98,350/10g |
| Ahmedabad | Rs 90,200/10g | Rs 98,400/10g |
(as per data on Good Returns)
“Sentiment turned negative following the announcement of a US-UK trade agreement,