Seeking catalyst driven opportunity
Alibaba BABA and Meta Platforms META sit on opposite sides of the globe, yet both have repositioned around one ambition: building the AI data center capacity to power the next era of artificial intelligence (AI). Alibaba is expanding its Cloud Intelligence backbone at home and …
In our May 26 update on the Semiconductor Index, we found, using the Elliott Wave Principle (EWP), that “Based on Fibonacci relationships between 1st, 3rd, and 5th waves, we expect the smaller, green 5th Wave (W-5) to reach $13,400-14,000. Thus, the larger (red) W-iii is …
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, June 9th: Dycom Industries, Inc. DY: This company that provides specialty contracting services to the telecommunications sector has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for …
Key Points Tesla (NASDAQ: TSLA) always seems to be in the spotlight. Whether it’s product strategy, new promises being made by Elon Musk, or any future ties to the soon-to-be-public SpaceX, the market loves this “Magnificent Seven” enterprise. At over $1.2 trillion, Tesla has one …
Key Points The Nasdaq altered its rules to fast-track megacap IPOs into the Nasdaq-100 index. Weightings of the Nasdaq-100 are based on the valuation of a company’s free-float shares, not total market cap. SpaceX is likely to account for less than 1% of the Nasdaq-100. …
Here’s a quick recap of the crypto landscape for Friday (June 5) as of 8:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$59,269.83, trading 6.9 percent lower over …
Key Points On Monday, Amazon (NASDAQ: AMZN) handed an old-line glassmaker one of its biggest endorsements yet in the AI build-out. The cloud and e-commerce giant announced a multiyear, multibillion-dollar agreement to buy the optical fiber and connectivity that will wire its expanding U.S. data …
Key Points Advanced Micro Devices (NASDAQ: AMD) stock got caught in an epic sell-off last week as semiconductor chip stocks lost $1 trillion in market capitalization. AMD stock, in particular, lost 9.6% by the close of the week. The semiconductor chips giant bounced back this …
Key Points Nvidia expects that data center spending will increase again next year. Amazon and Microsoft are seeing massive growth in cloud computing. Meta Platforms is developing a device that could be central to the next phase of consumer-facing AI. 10 stocks we like better …
Artificial intelligence remains the dominant investment theme of 2026, but the spectacular rally in AI-linked stocks is increasingly raising concerns about stretched valuations. Investors have poured capital into semiconductor makers, hyperscalers and Artificial Intelligence (AI) software firms on expectations of transformative long-term growth. However, recent …