Market News

SpaceX IPO: History Says the Stock Will Do This When It Starts Trading.

Key Points SpaceX will host its IPO roadshow in early June, putting the company on track to list its share over the summer. SpaceX is reportedly seeking an initial valuation of $1.75 trillion, which would make it the largest IPO in history. Stock that go …

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Is the Post-Earnings Dip in Netflix Stock Overdone?

The broader market is seeing a sea of green on Friday as sentiment grows for a prolonged truce between the U.S. and Iran, but the most notable stock sitting out the rally is Netflix NFLX). Reporting weaker-than-expected Q1 earnings and guidance yesterday evening, Netflix stock …

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Tesla’s Price Targets Are Coming Down, but Many Analysts Still See Plenty of Upside

Key Points Analyst expectations can change over time, and while they aren’t perfect or guaranteed predictors of where a stock might go, they can be helpful in gauging the level of bullishness around a stock. If the market sentiment is strong around a business and …

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Alphabet Shares Rise 7% YTD: Buy, Sell, or Hold the GOOGL Stock?

Alphabet GOOGL shares have returned 7.4% year to date (YTD), outperforming the Zacks Computer & Technology sector’s 4.1%. The company’s prospects are expected to benefit from its growing AI-powered search capabilities and significant investments in cloud computing. However, capacity constraints, despite the improving pace of …

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Crypto Market Update: Kraken Parent Payward Acquires Derivatives Exchange Bitnomial

Here’s a quick recap of the crypto landscape for Friday (April 17) as of 12 noon 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$75,589.10, up by 4.2 percent over …

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3 Stocks I Plan to Hold for the Next 20 Years

I like Warren Buffett’s statement that his “favorite holding period is forever.” However, like Buffett, I don’t usually end up holding stocks for as long as I expected to when I bought them. Things change. But I fully intend to hang on to quite a …

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What to Expect From Nvidia in the Coming Months? Taiwan Semiconductor Just Offered Investors a Clue.

Key Points As the artificial intelligence (AI) story began to unfold, Nvidia (NASDAQ: NVDA) quickly emerged as the leading character. And this has remained the case chapter after chapter. Nvidia got into this market early, developing high-powered graphics processing units (GPUs) to specifically serve the …

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AMCON Rallies 23% Year to Date: Should You Buy the Stock?

AMCON Distributing Company DIT shares have gained 23.1% year to date compared with the industry’s 11.9% growth. The company has outperformed other industry players, including Carrefour SA CRRFY and J Sainsbury plc JSAIY. Shares of Carrefour and J Sainsbury have rallied 18.8% and 7.5%, respectively, …

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Better Long-Term Buy: Eli Lilly or Viking Therapeutics?

Key Points Eli Lilly has been a growth beast, coming off an impressive year in which its revenue rose by 45%. Viking Therapeutics has an exciting GLP-1 drug in development that, if approved, could send its shares skyrocketing. 10 stocks we like better than Eli …

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CoreWeave Lands $6B Jane Street Deal, Strengthening Revenue Visibility

CoreWeave Inc’s CRWV recently announced multi-billion-dollar agreement with Jane Street reinforces its position in the AI infrastructure market and strengthens the revenue visibility. Under the deal, Jane Street has “committed” $6 billion to use CRWV’s AI cloud platform, thereby expanding the existing partnership between the …

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